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Midtown's Pizza bought a used Toyota delivery van on January 2, 2014, for $21,800. The van was expected to remain in service for four years (48,750...
Midtown's Pizza bought a used Toyota delivery van on January 2, 2014, for $21,800. The van was expected to remain in service for four years (48,750 miles). At the end of its useful life, Midtown's officials estimated that the van's residual value would be $2,300. The van traveled 15,000 miles the first year, 17,000 miles the second year, 12,500 miles the third year, and 4,250 miles in the fourth year.
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