Hele Seve A company purchased a machine for $201.000 on October 1, 2021 The estimated service life is 10 years with a $19.500 residuvat. The company records partial year depreciation based on the number of months in service. Depreciation expense for the year ended December 31, 2021 sing line depreciation, is: (Do not round your intermediate calculations. Round your answer to the nearest dollar amount Multiple Choice $15.075 $4,548 $2.073 $5.025 ABC Company on Jan , 2021 purchased a delivery van for $22.000 To come the purchase, the company occa 5800 shipping cost and $1.200 sales tax. The company estimates that at the end of its four year when we worm 54.000 During the four year period, the company expects to drive the van 100.000 miles Acties en each year w20.000 year 25,000 miles in year 2:37,000 miles in year 3 and 55,000 miles in your Required: Using Straight line depreciation method, what is the annual depreciation expense? $5.000 $4,500 $5,500 $4,800 Using the double-declining-balance method, what are the amounts of depreciation expense for year 22 $6,000 $5,500 $5.000 $4.500 Using activity-based depreciation method, what is the balance of accumulated depreciation at the end of year 3 $16.400 57.400 $14,760 56.660 that were Suppose that the company decided on December 31, 2022 (Year 2) that the useful life of the van will be 5 years total (instead of 4 years total). Assume that the company uses the straight-line method and the change will become effective in 2023. What will be the amount of depreciation expense in 2023 [year 3)? $3,333 $4,000 $3.000 $3,600 Search or type URL