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Little Caesar's Pizza bought a used Nissan delivery van on January 1, 2010 for $15,000....

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Little Caesar's Pizza bought a used Nissan delivery van on January 1, 2010 for $15,000. The van was expected to remain in service 4 years (100,000 miles). At the end of its useful life, its estimated residual value will be $3000. The van traveled 34,000 miles the first year, 28,000 the second year, 18,000 the third year, and 20,000 in the fourth year. Prepare a schedule of depreciation expense per year for the van under the 3 depreciation methods. Show computations Prepare a schedule of Book value after each year for all three methods. STRAIGHT LINE ACCUMULATED DEPRECIATION EXPENSE DEPRECIATION ASSET BOOK VALUE YEAR 1 YEAR 2 YEAR 3 YEAR 4 UNITS OF PRODUCTION ACCUMULATED DEPRECIATION EXPENSE DEPRECIATION ASSET BOOK VALUE YEAR 1 YEAR 2 YEAR 3 YEAR 4 DOUBLE DECLINING BALANCE ACCUMULATED DEPRECIATION EXPENSE DEPRECIATION ASSET BOOK VALUE YEAR 1 YEAR 2 YEAR 3 YEAR 4

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