Amplify, Inc, was sued by Sound City for dollar 50, 000. Sound City feels very confident that it will win the case and will be awarded the full amount. Amplify, Inc. feels it is probable that it will lose the case and pay Sound City the full amount. What is the accounting treatment to the lawsuit for Amplify, Inc. and Sound City respectively? Chubbyville purchases a delivery van for dollar 23,500. Chubbyville estimates a four-year service life and a residual value of dollar 2,500. During the four-year period, the company expects to drive the van 105,000 miles. Calculate depreciation expense, accumulated depreciation, and book value for each of the four years using the following methods. Round all amounts to the nearest dollar. Straight line. Double-declining-balance. Activity-based. Actual miles driven each year were 24,000 miles in Year 1; 26,000 miles in Year 2; 22,000 miles in Year 3; and 25,000 miles in Year 4. Note that actual total miles of 97,000 fall short of expectations by 8,000 miles