1. Straight Line (Calculate annual depreciation for the five-year life of the van using straight line method.)

2. Sum of the years digits (Calculate annual depreciation for the five-year life of the van using sum-of-the-years digits.)

3. Double declining balance (Calculate annual depreciation for the five-year life of the van using double-declining balance)

4. Calculate annual depreciation for the five-year life of the van using units of production using miles driven as a measure of output, and the following actual mileage.

2018	20,000
2019	26,000
2020	14,000
2021	18,000
2022	32,000

On January 1, 2018, the Excel Delivery Company purchased a delivery van for $39,000. At the end of its five-year service life, it is estimated that the van will be worth $3,600. During the five-year period, the company expects to drive the van 118,000 miles. Required: Calculate annual depreciation for the five-year life of the van using each of the following methods. 1. Straight line. 2. Sum-of-the-years'-digits. 3. Double-declining balance. 4. Units of production using miles driven as a measure of output, and the following actual mileage: Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate annual depreciation for the five-year life of the van using double-declining balance. (Do not round your intermediate calculations and round your final answers to nearest whole dollar.)