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Determine depreciation amounts by three methods) Dave’s Pizza bought a used Toyota delivery van on January 2, 2014, for $28,600. The van was expected to remain in service for four years (154,000 miles). At the end of its useful life, Dave’s officials estimated that the van’s residual value would be $2,500. The van traveled 63,500 miles the first year, 51,000 miles the second year, 29,500 miles the third year, and 10,000 miles in the fourth year.
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