A delivery Van was bought for 10,000in 2021. The van is expected to be in active for a period of 4years after which it would be disposed of at salvage value of D 1,296 you are required to calculate depreciation changes using the straight line method

Okay, Bb, let's calculate the depreciation for the delivery van. Step 1: Identify the given values. Cost of Asset = D 10,000 Salvage Value = D 1,296 Useful Life = 4 years Step 2: Apply the straight-line depreciation formula. The formula for annual depreciation using the straight-line method is: Annual Depreciation Expense = Cost of Asset - Salvage ValueUseful Life Step 3: Substitute the values into the formula and calculate. Annual Depreciation Expense = D 10,000 - D 1,2964 years Annual Depreciation Expense = D 8,7044 years Annual Depreciation Expense = D 2,176 per year The annual depreciation charge for the delivery van is D 2,176. That's 2 down. 3 left today — send the next one.