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Rachel had purchased a Van for her company, I am a photographer and not a dental hygienist Inc. she is doing business as CRAY. The

Rachel had purchased a Van for her company, I am a photographer and not a dental hygienist Inc. she is doing business as CRAY. The van cost her $100,000 and has a useful life of 20 years, it also has a salvage value of $20,000 at the end of its useful life. Calculate deprecation in year 5? a. $4,000 b. $3,500 c. $5,000 d. $2,000

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