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Lovell purchased a used van for use in its business on January 1, 2017. It...

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Lovell purchased a used van for use in its business on January 1, 2017. It paid S18,000 for the van. Lovell expects the van to have a useful life of four years, with an estimated resicual value of $1,500. Lovell expects to drive the van 30,000 milles during 2017, 40,000 miles during 2018, 10,000 milles In 2019, and 85,000 mlles In 2020, for total expected milles of 165,000 Read the recuirements Complete all answer boxes. Enter a"O" for any zero values.)

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