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S7-11 (similar to) Assigned Media Question Help Gleason purchased a used van for use in its business on January 1, 2017. It paid $15,000 for

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S7-11 (similar to) Assigned Media Question Help Gleason purchased a used van for use in its business on January 1, 2017. It paid $15,000 for the van. Gleason expects the van to have a useful life of four years, with an estimated residual value of $1,200. Gleason expects to drive the van 21,000 miles during 2017, 40,000 miles during 2018, 8,000 miles in 2019, and 23,000 miles in 2020, for total expected miles of 92,000. Read the requirements (Complete all answer boxes. Enter a "0" for any zero values. Use three decimal places for the depreciation cost per mile.) Units-of-production method Annual Depreciation Expense Accumulated Depreciation Year Book Value Start 2017 2018 2019 2020 Question Viewer S7-12 (similar to) Assigned Media Question Help Mackey purchased a used van for use in its business on January 1, 2017. It paid $11,000 for the van. Mackey expects the van to have a useful ife of four years, with an estimated residual value of $800. Mackey expects to drive the van 35,000 miles during 2017, 18,000 miles during 2018, 21,000 miles in 2019, and 7,600 miles in 2020, for total expected miles of 81,600 Read the requirements (Complete all answer boxes. Enter a "o for any zero values.) Double-declining balance method Annual Depreciation Accumulated Expense Depreciation 2017 2019 2020

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