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Damascus Moving Limited purchased a van for moving customers on January 1, 2019 for $28,000. Management expects to be able to sell the van for

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Damascus Moving Limited purchased a van for moving customers on January 1, 2019 for $28,000. Management expects to be able to sell the van for $2,000 at the end of its useful life and estimates the van's useful life to be 5 years or 100,000 km. The van was driven 18,000km in 2019,22,000 km in 2020 & 19,000 km in 2021 Required: Calculate the depreciation expense for 2019 2020 2021 using a the double declining balance method b. the straight-live method c the units of production method Damascus Moving Limited purchased a van for moving customers on January 1, 2019 for $28,000. Management expects to be able to sell the van for $2,000 at the end of its useful life and estimates the van's useful life to be 5 years or 100.000 km. The van was driven 18.000km in 2019, 22.000 km in 2020 & 19,000 km in 2021 Required: Calculate the depreciation expense for 2019, 2020 & 2021 using: a the double declining balance method b). the straight-line method c. the units of production method

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