chubbyville purchases a delivery van for 22,600 chubbyville estimate four year service life and residual value of $1800 during the four year. The company expects to drive the van 106,000 miles calculate annual depreciation for the four year life of the van using each of the following methods

Chubbyville purchases a delivery van for $22,600. Chubbyville estimates a four-year service life and a residual value of $1,800. During the four-year period, the company expects to drive the van 106,000 miles. Calculate annual depreciation for the four-year life of the van using each of the following methods. 1. Straight-line Depreciation expense 2. Double-declining-balance. (Round your depreciation rate to 2 decimal places. Round your final answers to the nearest whole dollar) End of Year Amounts Depreciation Accumulated Expense Depreciation Year Book Value 1 2 3 4 Total $ 0