Chubbyville purchases a delivery van for $23,200. Chubbyville estimates a four-year service life and a residual value of $2,000. During the four-year period, the company expects to drive the van 109,000 miles. Calculate annual depreciation for the four-year life of the van using each of the following methods. 1. Straight-line Depreciation expenso $ 5,300 2. Double-declining-balance. (Round your depreciation rate to 2 decimal places. Round your final answers to the nearest wple dollar) Year 1 2 3 4 Total End of Year Amounts Depreciation Accumulated Book Value Expense Depreciation 11,600 $ 11,600 $ 11,600 5,800 17.400 5,800 2,900 20,300 2,900 1.450 21.750 1,450 $ 21.750 3. Actual miles driven each year were 20,000 miles in Year 1, 31,000 miles in Year 2; 23,000 miles In Year 3; and 24,000 miles in Year 4. Note that actual total miles of 98,000 fall short of expectations by 11,000 miles Calculate annual depreciation for the four-year life of the van using activity-based (Round your depreciation rate to 2 decimal places.) 3. Actual mites driven each year were 20,000 miles in Year 1: 31,000 miles in Year 2, 23,000 miles in Year 3; and 24.000 miles in Year 4. Note that actual total miles of 98,000 fall short of expectations by 11.000 miles. Calculate annual depreciation for the four-year life of the van using activity-based (Round your depreciation rate to 2 decimal places.) Year End of Year Amounts Depreciation Accumulated Expense Depreciation Book Value 1 2 3 4 Total $ 0