3,7 6 Saved Help Sove & Exit Su Jalen Reagor, Inc. (uri) purchases a large van for $23,200 to use for its football equipment repair business. JRI estimates a four-year service life and a residual value of $2,300 for the van. During the four-year period, the company expects to drive the van 106,000 miles. Calculate annual depreciation for the four-year life of the van using each of the following methods. 1. Straight-line. Depreciation expense 2. Double-declining-balance. (Round your depreciation rate to 2 decimal places. Round your final answers to the nearest whole dollar.) End of Year Amounts Depreciation Accumulated Expense Depreciation Year Book Value 1 2 3 4 Total $ 0 Docs Google Drive YouTube Atlas Valenda a Amazon.com: Onlin. Valencia Canvas UCF Canvas Mail-UCF myUCH Saved Help Save & Exit Total S D 3. Actual miles driven each year were 19,000 miles in Year 1: 29,000 miles in Year 2, 23,000 miles in Year 3; and 25,000 miles in Year 4. Note that actual total miles of 96,000 fall short of expectations by 10,000 miles Calculate annual depreciation for the four-year life of the van using activity-based (Round your depreciation rate to 2 decimal places.) Year End of Year Amounts Depreciation Accumulated Expense Depreciation Book Value 1 2 3 4 Total $ 0