Brief Exercise 8-5 Depreciation Expense Double-Declining-Balance sanders Catering purchases a van for $32,000. The van has an estimated salvage value of $6,000 and is expected to be driven for four years. Garrett uses the double-declining-balance method of depreciation Requiredi Calculate depreciation expense for each of the four years of the asset's life. If an amount box does not require an entry, leave it blank Year Depreciation Expense 16000 8000 1000