0 Question 9 Same facts as previous Question 15 pts 1. What is the entry the company will make on December 31 of the current year, assuming the double-declining method in used? 2 What is the book value of the van at the end of the second year? Format Tools Table Question 8 15 pts A company purchased a delivery van on October 1 of the current year at a cost of $57.000. The van is expected to last seven years and has a salvage value of $1.000. The company's annual accounting period ends on December 31. 1. What is the entry the company will make on December 31 of the current year, assuming the straight-line method is used? 2. What is the book value of the van at the end of the second year? Edit View Format Tis Talle 2p Paragraph B