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3.125/3.125 points Now assume Friendly Florist buys a delivery van that costs $44,000 on 3/31/21 and plans to use the units-of-activity depreciation method. Friendly estimates
3.125/3.125 points Now assume Friendly Florist buys a delivery van that costs $44,000 on 3/31/21 and plans to use the units-of-activity depreciation method. Friendly estimates that it will use the van for 10 years and get 100,000 miles out of it, and that it will have a $4,000 salvage value at the end of those 10 years. During 2021, Friendly drives the van for 16,000 miles. Under the units-of-activity depreciation method, how much depreciation expense will Friendly record for 2021
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