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Gleason purchased a used van for use in its business on January 1, 2017. It paid $11,000 for the van. Gleason expects the van to

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Gleason purchased a used van for use in its business on January 1, 2017. It paid $11,000 for the van. Gleason expects the van to have a useful life of four years, with an estimated residual value of $800 Gleason expects to drive the van 24,000 miles during 2017,27,000 miles during 2018,25,000 miles in 2019, and 5,600 miles in 2020, for total expected miles of 81,600. Read the equirement (Complete all answer boxes. Enter a "O" for any zero values.) Double-dectining-balance method Annual Depreciation Accumulated Expense Depreciation Book Value Year Start 2017 2018 2019 2020 Accumulated Depreciation Book Value 0 Requirements Using the double-declining-balance 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

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