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Comparing Depreciation Methods On January 8, 2017, Whitewater Riders purchased a van to transport rafters back to the point of departure after completing the
Comparing Depreciation Methods On January 8, 2017, Whitewater Riders purchased a van to transport rafters back to the point of departure after completing the on-the-water portion of the rafting adventures they operate. The cost of the van is $44,000 and Whitewater Rider expects to use the van for four years or 60,000 miles. The estimated selling price after four years is $2,000. The van was driven 12,000 miles in 2017, 18,000 miles in 2018, 21,000 miles in 2019, and 10,000 miles in 2020. Required: Download the Whitewater Riders Discussion Worksheet. Compute annual depreciation expense and ending book value of the van for each year using 1) straight-line, 2) double-declining, and 3) units-of-production depreciation methods and enter the amounts into the table. Answer the following questions for all four years and make a recommendation. Whitewater Riders Discussion Worksheet Part 1: Click on the Discussion link below. Copy the contents of your completed Whitewater Riders Discussion Worksheet (Control A) and paste into the dialog box (Control V). Maintain structure in your table and use business writing for your recommendation. Do not upload your document. You must paste the contents directly into the discussion. I do not download files. Refer to the grading rubric and check the Course Calendar for the due date for Part I of this forum.
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