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Danube recently acquired a delivery van for $22,300 paying cash. Danube projects a 4 year useful service life and a remaining residual value on the

Danube recently acquired a delivery van for $22,300 paying cash. Danube projects a 4 year useful service life and a remaining residual value on the delivery van of $2,200. Danube expects to drive the van 108,000 miles during the useful service life. Please compute the annual depreciation for the 4 year life of the delivery van for the double-declining method

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

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