Jordans Pharmacy offers free prescription delivery to customers. The pharmacy maintains its financial records on a calendar-year basis. At the end of June, Jordans purchases a new delivery vehicle costing $20,000. They plan to use the vehicle in the business for 5 years and expect the vehicle will have a trade-in value after 5 years of $5,000. What is the annual charge for depreciation on this asset? How much depreciation would be taken in the year of purchase?