2 parts:

1. double declining balance

2. activity based

Required information [The following information applies to the questions displayed below] On January 1, Speedy Delivery Company purchases a delivery van for $43,200. Speedy estimates that at the end of its four-year service life, the van will be worth $6,800. During the four-year period, the company expects to drive the van 227,500 miles. Actual miles driven each year were 58,000 miles in year 1 and 62,000 miles in year 2. Required: Calculate annual depreciation for the first two years using each of the following method5. (Do not round your intermediate calculations.) 2. Double-declining-balance. 3. Activity-based