Oglethorpe University bought a new campus security car for a cost of $21,000. The car is expected to last for 6 years and have a salvage value of $3,000. Calculate depreciation expense for the first year under the following methods: (6 pts) 1. Straight Line iight Li t bly. 3, 200% Declining balance method Please write the journal entry to record depreciation expense for the 200% Declining Balance Method 4