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Question 13 (3 points) On 1/1/20 Dragonville purchases a delivery van for $35,000. Dragonville estimates that at the end of its five-year service life,

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Question 13 (3 points) On 1/1/20 Dragonville purchases a delivery van for $35,000. Dragonville estimates that at the end of its five-year service life, the van will be worth $2,000. The company expects to drive the van for 120,000 miles over the 5 year Calculate the depreciation expense for the SECOND year using the ACTIVITY BASED method. Actual miles driver SECOND each year were 24,000 miles in Year 1; 26,000 miles in Year 2. $6,034 $7,150 $6,600 $7,583

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