Molly's Mobile Pet Grooming Service recently purchased a cargo van for $25,400. For depreciation purposes, the van is expected to have a useful life of 6 years and have a trade-in value of $5000....

Molly's Mobile Pet Grooming Service recently purchased a cargo van for $25,400. For depreciation purposes, the van is expected to have a useful life of 6 years and have a trade-in value of $5000. Molly uses the sum-of-the-years'-digits method to calculate depreciation.


What is the book value at the end of the first year?
$
What is the accumulated depreciation by the end of the second year?
$
What is the annual depreciation in the third year?
$