Downey purchased a used van for use in its business on January 1, 2017. It paid $15,000 for the van. Downey expects the van to have a useful life of four yours, with an estimated residual value of $1,200. Downey expects to drive the van 14,000 miles during 2017, 16,000 miles during 2018, 20,000 miles in 2019, and 42,000 miles in 2020, for total expected miles of $2,000, Read the requirements Complete all answer boxen. Enter a "O" for any zero values Straight-line method Annual Depreciation Accumulated Year Expense Depreciation Book Value Start $ 15,000 2017 2100 2100 12900 0 2018 2400 4500 10500 03 2019 3000 7500 7500 2020 6300 13.800 201 1,200 20. Enter any number in the edit fields and then click Check Answer Clear All Check Answer All parts showing ad - X Requirements Using the straight-line 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 Print Done