A company purchases a delivery van for 24,000. The van is estimated to have a four year service life and a residual value of 2,200 during the four year period the company expects to drive the van 109,000 miles Calculate the anual depreciation for the four year life of a van using each of the following methods 1. Straight line 2. Double declining-balance Activity based (actual miles driven each year were 18,000 miles in year 1; 29,000 miles in year 2; 21,000 miles in year 3; and 27,000 in year 4. Note that the actual total miles of 95,000 fall short of expectations by 14,000