A company purchases a delivery van for $30,400. The company estimates that at the end of its four-year service life, the van will be worth $5,200. During the four-year period, the company expects to drive the van 157,500 miles Actual miles driven each year were 42,000 miles in year 1 and 46,000 miles in year 2 Required: Calculate annual depreciation for the first two years of the van using each of the following methods. (Do not round your intermediate calculations.) 1. Straight-line Year Annual Depreciation 1 2 2. Double-declining balance. Year Annual Depreciation 1 2 3. Activity-based Year Annual Depreciation 1 2