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Canvas XC Direct Write-ott Question 40 On January 1. Year 1. Flora's Flower Shop purchased a delivery van for $20,000. The estimated useful life of the van is 5 years or 100,000 miles, and the salvage value is bet at $3,000. Actual mileage driven was 15.000 miles In Year 1 and 20,000 miles in fear 2 Assuming Flora's Flower Shop used the straight line method, the book value of the delivery van on the December 31 Year 2 balance sheet is: $23,000 $18.000 $28,000 $10,000 Question 41 On January 1 Year 1. Flora's Flower Shop purchased a delivery van for $28.000. The estimated useful life of the van is 5 years or 100.000 miles, and th set at $2,000. Actual mileage driven was 15,000 miles In Year 1 and 20.000 mesin frear 2 and the salvage values The Year 2 depreciation expense using the double declining barance method is $11.200 $10.000 $6,720 $6.000 Question 42 3.35 pt On January 1 Year 1. Flora's Flower Shop purchasedadelvery van for $20.000 The estimated useful life of the ans 5 years or 100.000 miles and the salvage values et at $Actual mileage drivewas 15.000 miles in Yeart and 20.000 mesin Year