Depreciation, Impairments and Depletion.

PALMER CO. PURCHASED A NEW BUSINESS VAN FOR $45,000 ON AUGUST 5TH, 2018. THE BUSINESS VAN IS EXPECTED TO A HAVE A SERVICE LIFE OF 10 YEARS OR 100,000 MILES AND A RESIDUAL VALUE OF $3,000. THE VAN WAS DRIVEN FOR 10,000 MILES IN 2018 AND 13,000 MILES IN 2019. PALMER CO. COMPUTES DEPRECIATION TO THE NEAREST WHOLE MONTH 3. REQUIREMENT: COMPUTE DEPRECIATION FOR THE CALENDAR YEAR-END FOR 2018 AND 2019 UNDER THE FOLLOWING DEPRECIATION METHODS: A. STRAIGHT-LINE METHOD B. ACTIVITY METHOD C. DOUBLE-DECLINING BALANCE METHOD D. SUM-OF-THE-YEARS' DIGITS METHOD