Explore incorporated is a new start-up specializing in renting camper vans. On January 1, Year 1 , the compony purchased a new camper van with a total cost of $89,600. The company estimates that the van will have o 10 -year useful life and a salvage value of $11,900. The company has elected to depreclate the van using the double-declining-balance method. Required: a. Determine the amount of depreciation expense to be recognized on the van at the end of Year 1 ? b. Determine the amount of accumulated depreciation at the end of Year 2