Can this be done by tonight?
Accounting 1A Chapter 9 – Long-Term Assets Depreciation Calculations Manderlee Cosmetics purchased a company van for $80,000. The van is expected to have a residual value of $10,000 and useful life of 5 years or 140,000 miles. Calculate the depreciation expense under three the methods. Miles driven for each of the five years: year 1 25,000 miles year 2 40,000 miles year 3 50,000 miles year 4 15,000 miles year 5 10,000 miles Depreciation Expense Year Straight-line Method Units of Production Method Double Declining Balance Method 1 2 3 4 5 Total