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Dailey purchased a used van for use in its business on January 1, 2020 It paid 511 000 for the vin Daley expects the van

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Dailey purchased a used van for use in its business on January 1, 2020 It paid 511 000 for the vin Daley expects the van to have a useful title of four years, with an estimated residuale of $300 Daley expects to drive the van 18.000 miles during 2020, 18.000 miles during 2021 8,000 miles in 2022 and 37 600 mies m 2023 for fot expected mules of 1,600 Read the requirements (Complete all input fods Enter for any zeto values Double-declining balance method Annual Depreciation Accumulated Expense Depreciation Book Value Year Start 2020 2021 2022 2023 Using the double-declining-balance method of depreciation, calculate the following amounts for the van for each of the four years of its expected life. a. Depreciation expense b. Accumulated depreciation balance c. Book value

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