Chubbyville purchases a delivery van for $23,500. Chubbyville estimates a four-year service life and a residual value of $2,300. During the four-year period, the company expects to drive the van 108,000 miles.

Double Declining Balance-

End of the Year Amounts

Year Depreciation Expense Accum. Depreciation Book Value

1

2

3

4

Total=

Actual miles driven each year were 22,000 miles in Year 1; 23,000 miles in Year 2; 20,000 miles in Year 3; and 26,000 miles in Year 4. Note that actual total miles of 91,000 fall short of expectations by 17,000 miles. Calculate annual depreciation for the four-year life of the van using activity-based. (Round your final answers to the nearest whole dollar.)

End of the Year Amounts

Year Depreciation Expense Accum. Depreciation Book Value

1

2

3

4

Total =