Hw Score: 7395%, 739 of 10 pts S7-10 (similar to) the four years. Odell expects

Question

Hw Score: 7395%, 739 of 10 pts S7-10 (similar to) the four years. Odell expects to drive the van 40,000 mles daring 2016, 28,000 miles daring 2016, 15,000 miles in 2017, and 17,000 miles in 2018,for total expected mles of 100,000 Usrgte unt-of-production method of deproaationtve, mles as to prodcbon unt), caklate te fokwng amortsforth0 a. Depreciation expense 1yeach ofth0baprsofts c. Book value (Complate all answer boxes. Enter a "' for any zero values. Use hree decimal places for the depreciation cost per mle) Depreciation Accumulated Year Expense

Explanation / Answer

year Dep expe Acc dep BV start 2015 6240 6,240 10760 2016 4368 10608 6392 2017 2340 12948 4052 2018 2652 15600 1400 (17000-1400)/100000 0.156 per mile 2015 0.156 40,000 6240 2016 0.156 28,000 4368 2017 0.156 15,000 2340 2018 0.156 17,000 2652

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