On March 1, 20X1, Zeta Corporation purchased a delivery van for $40,000 cash. The van has an estimated useful life of 5 years and a residual value of $4,000. Using the straight-line method, calculate the depreciation expense for the year 20X1.

Additionally, Zeta Corporation made the following transactions during 20X1:

• April 15: Paid $2,000 for vehicle maintenance.
• July 1: Purchased additional vehicle parts for $5,000.

Required:

• Calculate the total depreciation expense for the year 20X1 for the delivery van.
• Prepare the journal entries to record the van-related transactions for Zeta Corporation during the year 20X1.