Part A: A company owns a delivery van costing at $29,000 purchased on January 1, 2015. The salvage value of the van is $2,000. The expected production volume over the life of the delivery van is 150,000 units (30,000 in 2015; 52,500 in 2016; 45,000 in 2017; 15,000 in 2018; and 7,500 in 2019). 1. Compute the depreciation expense and carrying value of the delivery van for 2015 to 2019 using the following methods: a. Straight-line b. Units of production c. Double-declining-balance (13 marks) Round your calculation to the nearest dollar and present your answer in the following format: Year Calculation Depreciation method Depreciation Expense Carrying value 2. Assuming the straight-line method is used and that the delivery van is sold for $5,000 on December 31, 2019, show the journal entry (without explanations) to record the sale. (3 marks) Part B: Based on your answer in Part A. 1., what conclusions can you draw from the patterns of yearly depreciation using the 3 different methods? (4 marks)