21 points, 35 minutes On January 1, 2012, The Luxury Interior purchased van worth $550,000 to deliver goods. The expected useful life of the van is five years and a residual value of $50,000. The van is expected to travel 200,000 miles over its useful life. The company had to pay an additional $15,000 for painting the van. Required Determine depreciation for the years 2012 to 2016 using: a. Straight-line depreciation b. Units-of-output depreciation method given that the actual output in miles was 60,000 (2012), 30,000 (2013), 20,000 (2014), 25,000 (2015), and 18,000 (2016). c. Double-declining balance depreciation method d. Assuming use of the straight-line method, determine the revised depreciation if the useful life estimate was revised at the start of 2024, suggesting a remaining useful life of 5 years (in other words, a total life of 7 years). The revised salvage value is $44,400