Check my work Chubbyville purchases a delivery van for $23,700. Chubbyville estimates a four-year service life and a residual value of $2,300. During the four-year period, the company expects to drive the van 108,000 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 Year Depreciation Accumulated Expense Depreciation Book Value 1 2 3 4 Total 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 27,000 miles in Year 4. Note that actual total miles of 98,000 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 1 2 End of Year Amounts Depreciation Accumulated Expense Depreciation Book Value 3 4 Total