Elegant Company purchased a new car for use in its business on January $1,2020.$ It paid $$21,000$ for the car. Elegant expects the car to have a useful life of four years with an estimated residual value of zero. Elegant expects to drive the car $20,000$ miles during $2020,65,000$ miles during $2021,10,000$ miles in $2022,$ and $105,000$ miles in $2023,$ for total expected miles of $200,000.$

Read the requirements. $($Complete all input fields. Enter a $0$ for any zero values.$)$

$\backslash$table$[[,$Straight$-$line method$],[$Year$,\backslash$table$[[$Annual$],[$Depreciation$],[$Expense$]],\backslash$table$[[$Accumulated$],[$Depreciation$]],$Book Value$],[$Start$,,,],[2020,,,],[2021,,,],[2022,,,],[2023,,,]]$

Requirements

Using the straight$-$line method of depreciation, calculate the following amounts for the car for each of the four years of its expected life:

a$.$ Depreciation expense

b$.$ Accumulated depreciation balance

c$.$ Book value