all requirements

Southem Pizza bought a used Ford delivery van on January 2, 2021, for $23,000. The van was expected to remain in servici for four yoars (102,000 miles) At the end of its useful iffe, Southern managoment estimated that the var's residual value would be $2,600. The van traveled 40,000 miles the first year, 33,000 miles the second year, 18,000 miles the third yoar, and 11,000 miles in the fourth year. Read the tequirements. Requirement 1. Propore a schedule of depreciation expense per year for the van under the three depreciaton methods. Prepare a schedule of depreclation expense per yoar for the van under the straight-line method. (Complete al input telds. Enter a 0 for any zero bolances) Requirements 1. Prepare a schedule of depreciation expense per year for the van under the three depreciation methods. (For units-of-production and double-declining-balance methods, round to the nearest two decimal places after each step of the calculation.) 2. Which method best tracks the wear and tear on the van? 3. Which method would Southern prefer to use for income tax purposes? Explain your reasoning in detail. Southem Pizza bought a used Ford delivery van on January 2, 2021, for $23,000. The van was expected to remain in servici for four yoars (102,000 miles) At the end of its useful iffe, Southern managoment estimated that the var's residual value would be $2,600. The van traveled 40,000 miles the first year, 33,000 miles the second year, 18,000 miles the third yoar, and 11,000 miles in the fourth year. Read the tequirements. Requirement 1. Propore a schedule of depreciation expense per year for the van under the three depreciaton methods. Prepare a schedule of depreclation expense per yoar for the van under the straight-line method. (Complete al input telds. Enter a 0 for any zero bolances) Requirements 1. Prepare a schedule of depreciation expense per year for the van under the three depreciation methods. (For units-of-production and double-declining-balance methods, round to the nearest two decimal places after each step of the calculation.) 2. Which method best tracks the wear and tear on the van? 3. Which method would Southern prefer to use for income tax purposes? Explain your reasoning in detail