Chubbyville purchases a delivery van for $24,700. Chubbyville estimates that at the end of its four-year service life, the van will be worth $1,600. During the four-year period, the company expects to drive the van 109,000 miles.

1.	Straight-line.(Round your depreciation rate to two decimal places, round other intermediate calculations and final answer to the nearest dollar amount. Omit the "$" sign in your response.)

Depreciation expense

$

2.	Double-declining-balance.(Round your depreciation rate to two decimal places, round other intermediate calculations and final answers to the nearest dollar amount. Omit the "$" sign in your response.)

End of Year Amounts
Year	Depreciation Expense	Accumulated Depreciation	Book Value
1	$	$	$
2
3
4
Total	$

3.

Activity-based.Actual miles driven each year were 24,000 miles in Year 1; 27,000 miles in Year 2; 18,000 miles in Year 3; and 25,000 miles in Year 4. Note that actual total miles of 94,000 fall short of expectations by 15,000 miles. Calculate annual depreciation for the four-year life of the van using each of the following methods.(Round your depreciation rate per unit to two decimal places and final answers to the nearest dollar amount. Omit the "$" sign in your response.)

End of Year Amounts Year Depreciation

Expense Accumulated

Depreciation Book Value 1 $ $ $ 2 3 4

Total $