Mackey purchased a used van for use in its business on January 1, 2020. It paid $16,000 for the van. Mackey expects the van to have a useful life of four years, with an estimated residual value of $1,300. Mackey expects to drive the van 21,000 miles during 2020, 25,000 miles during 2021, 15,000 miles in 2022, and 44,000 miles in 2023, for total expected miles of 105,000. Read the requirements. (Complete all input fields. Enter a 0 for any zero values.) Annual Depreciation Straight-line method Accumulated Year Expense Depreciation Book Value Start 2020 2021 2022 2023 Requirements Using the straight-line method of depreciation, calculate the following amounts for the van for each of the four years of its expected life: a. Depreciation expense b. Accumulated depreciation balance c. Book value Print Done