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Question 4 [10 points) On January 1, 2014, Vision Consulting Inc. bought a van for...

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Question 4 [10 points) On January 1, 2014, Vision Consulting Inc. bought a van for $25,000. The var's useful life was estimated at 64,000 kilometres with a $10,000 trade-in value. Calculate annual depreciation under the units of production method and complete the following schedule, assuming that the actual kilometres driven in each year were as shown in the schedule. Round all final amounts to the nearest dollar. For simplicity, assume the van is depreciated as an individual item and will not be broken down into its parts and depreciated Actual Dep Accum Book Value Year Kilometres Expense Dep Dec 31 2014 23.000 2015 14.000 2010 12,000 2017 24,000

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