A company purchased a delivery van for $23,000 with a salvage value of $3,000 on September 1, 2005. It has an estimated useful life of 5 years. Using the straight-line method, how much depreciation expense should the company recognize on December 31, 2005? (careful you only use the van for part of the year) Answer $1,000. $1,333. $1,533. $4,000. $4,600