Your business buys a delivery van for $28,000.  You figure the van will be useful for 5 years and have a value of $5,000 at the end of the 5-year period.  What is the (a) basis, (b) useful life, (c) salvage value, (d) depreciable basis, (e) accumulated depreciation at the end of year 2 if you take $4,600 depreciation each year, and (f) the book value at the end of year 2?

7 A fixed asset costing $80,000 and having an estimated salvage value of $6000 has a life expectancy of 10 years. Compare the results of  Double declining, Sum of the year digits depreciation methods by filling in below columns: Sum of the year's Digits method:   Year Depreciation Expense Accumulated Depreciation Book value End of the year 1       2       3       4         Double Declining Method:   Year Depreciation Expense Accumulated Depreciation Book value End of the year 1       2       3       4

1) Margaret has invested in a project that will cost $17000 upfront and will provide annual revenue of $5700 each year for 10 years.  If the interest rate is 15% calculate the present worth of this project.  Round your answer to two decimal places. 2) An asset cost $26000 with a salvage value of 2500 after 10 years.  Assuming straight line depreciation, calculate the book value in year 4. Round your answer to the nearest dollar. please do both questions

Use 6 decimals while answering thank you