Cham Company purchased a new ca ds buses on January 1, 2000 pw $21,000 for the Chan sports the 2325 for l expected mies of 200.000 2006 65 000 miles daning 2021 10 000 es in 2022, and 115.000 Double desining balance method Annual Depreciation Year Expense Accumulated Depreciation Book 21006 Start 2020 2021 2022 2023 21000 Charm Company purchased a new car for use in its business on January 1, 2020. It paid $21,000 for the car. Charm expects the car to have a useful life of four years with an estimated residual value of zero. Charm expects to drive the car 10,000 miles during 2020, 65,000 miles during 2021, 10,000 miles in 2022, and 115,000 miles in 2023, for total expected miles of 200,000. Read the requirements. (Complete all input fields. Enter a "0" for any zero values.) Double-declining-balance method Annual Depreciation Accumulated Year Expense Depreciation Book Value Start 21000 2020 2021 2022 2023 21000 0 Company purchased a new car for use in its business on January It paid $21,000 for the car. Charm expects the car to have a useful Requirements Using the double-declining-balance method of depreciation, calculate the following amounts for the car for each of the four years of its expected life: a. Depreciation expense b. Accumulated depreciation balance c. Book value