C Question 1 (of 11) Exercise 11-1 Depreciation methods [LO11-2] On January 1, 2016, the Excel Delivery Company purchased a delivery van for $51,000 At the end of its five-year service life, it is estimated that the van will be worth $6,000 During the five-year period, the company expects to drive the van 150,000 miles Required Calculate annual depreciation for the five-year life of the van using each of the following methods (Do not round intermediate calculations.) 1. Straight line per year 2. Sum-of the-years' digits Year Depreciation 2016 2017 2018 2019 2020 Total