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Natalie is thinding of borying a van that will be used only for business. The cost of the van is estimated at 3 So. So.

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Natalie is thinding of borying a van that will be used only for business. The cost of the van is estimated at 3 So. So. Natale would yeend an additional $2.500 to have the van painted. In addition, she wants the back seat of the van remored so that ahe with have iots of room to transport her mixer inventory as well as her baking supplies. The cest of taking out the back seat and installing thehing units is estimated at $1,500.5 he expects the van to last about 5 years, and she expects to drive it for 200,000 mules. The annual cost of sphicle invurance will be $2,400. Natalie estimates that at the end of the 5 -year ine ful life the van wir sell for $7.500. Aswume that she will buy the van on August 15, 2020, and it will be ready for ine on September 1,2020. Natalle is concerned about the impact of the varis covt on her income statement and balance sheet. She has come to vou foe advice on calculating the van's depreciation depreciotion corthanit to 3 decimal places es. 02253. Straight-line depreciation Double-declining-balance depreciation Units-of activity depreciation Units-of activity depreciation What impact will the three methods of depreciation have on Natalie's balance sheet at December 31,2020 ? What impact will the three methods have on Natalie's income statement in 2020

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