Question 1 (20 points) BB8 Productions Limited bought a delivery van for $48,000 on January 1, 2018. It has an estimated life of five years, or 120,000km. Its residual value is estimated to be $6,000 Required: Calculate depreciation expense for 2018 & 2019 under the following methods: A. Straight-line B. Double diminishing balance C. Units of production, assuming the van was driven 20,000 km in 2018 and 25,000 km in 2019. D. Assume BB8 uses the straight-line method & sold the van for $30,000 on January 1, 2020. Record the journal entry to record the sale of the delivery van