Financial Accounting (3) Kemery Kerschner & 03/29/21 4:29 PM Homework: CH 7 HW Save Score: 0 of 3 pts 3 of 4 (3 complete) HW Score: 0%, 0 of 10 pts S7-12 (similar to) Question Help Lovell purchased a used van for use in its business on January 1, 2017. It paid $16,000 for the van. Lovell expects the van to have a useful life of four years, with an estimated residual value of $1,300. Lovell expects to drive the van 21,000 miles during 2017, 40,000 miles during 2018, 20,000 miles in 2019, and 24.000 miles in 2020 for total expected miles of 105,000 Read the requirements (Complete all answer boxes. Enter a "O" for any zero values.) ibral Annual ource Depreciation Accumulated Year Expense Depreciation Book Value dy Start $ 10,000 2017 3350 3380 12640 tion 2018 5800 8960 7040 2019 2800 11760 4240 2020 2940 14,700 1,300 Enter any number in the edit fields and then click Check Answer All parts showing Clear A sorose VIC 2001 Pearson Education in Arms Final Check