Luery Company purchased a new car for sets busness on January 1, 2020 2020 25.000 s dug 2021, 58.000 es 2022, and 115000 miles in 2023, New! the nests Congiu at pui felds Era 0 br any) paid $25000 for the Luxury expects the car to have a moot trees with an astrad rectual vat of Laury spechy to dev Moxpected eies ut 250,000 Units of production meshed Annual Depreciation Year Expanie Start 2020 2021 2022 2033 Accumulated Depreciation Book Value Luxury Company purchased a new car for use in its business on January 1, 2020. It paid $25,000 for the car. Luxury expects the car to have a useful life of four years with an estimated residual value of zero. Luxury expects to drive the car 60,000 miles during 2020, 25,000 miles during 2021, 50,000 miles in 2022, and 115,000 miles in 2023, for total expected miles of 250,000. Read the requirements. (Complete all input fields. Enter a 0 for any zero values.) Annual Depreciation Units-of-production method Accumulated Year Expense Depreciation Book Value W Start 2020 2021 2022 2023 0. 1 point(s) possible y Company purchased a new car for use in its business on Janu It paid $25.000 for the car Luxury expects the car to have a use Requirements Using the units-of-production method of depreciation (with miles as the production unit), calculate the following amounts for the car for each of the four years of its expected life (do not round here; use three decimal places for the depreciation cost per mile) a. Depreciation expense b. Accumulated depreciation balance c. Book value 2023 Print Done Time Remaining: 00:44:47 Get more help- Next F2 F3 F4 F5 F6 D