Greenworks Company purchased a delivery van for 370,000 on January 1. The van has an estimated 5-year life with a residual value of $6.500 What would the depresion expertise for the benefit Greenworks uses the straight-line method? O A $12.700 OB $70,000 OC. $14,000 OD 363.500 . The van has an estimated 5-year life with a residual value of $6,500. What would the depreciation expense for this van be in the first year if Greenworks Company purchased a delivery van for $70,000 on January 1. The van has an estimated 5-year life with a residual value of 58,500. What would the dep Greenworks uses the straight-tine method? O A. $12.700 B. $70,000 C. $14,000 OD. $63,500