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Instructions (a) Determine the cost of the van. (b) Prepare three depreciation tables for 2014, 2015 and 2016: one for straight-line depreciation {similar to the

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Instructions (a) Determine the cost of the van. (b) Prepare three depreciation tables for 2014, 2015 and 2016: one for straight-line depreciation {similar to the one in Illustration 10-10), one for double-declining balance depreciation [Illustration 1014], and one for units-ofactivity depreciation [Illustration 10-12}. For units-ofactivity, Natalie estimates she will drive the van as follows: 15,000 miles in 2014; 45,000 miles in 2015; 50,000 miles in 2016; 45,000 miles in 2017; 35,000 miles in 2018; and 10,000 miles in 2010- Recall that Cookie Creations has a December 31 year-end. (c) What impact will the three methods of depreciation have on Natalie's balance sheet at December 31, 2014? What impact will the three methods have on Natalie's income statement in 2014? {d} What impact will the three methods of depreciation have on Natalie's income statement over the van's total 5-year useful life? is) What method of depreciation would you recommend Natalie use

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