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LO 5 Part 3 of 3 10 points Skipped Required information [The following information applies to the questions displayed below.] On January 1, 2024,

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LO 5 Part 3 of 3 10 points Skipped Required information [The following information applies to the questions displayed below.] On January 1, 2024, 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 171,000 miles. Required: Calculate annual depreciation for the five-year life of the van using each of the following methods. eBook 3. Units of production using miles driven as a measure of output, and the following actual mileage: Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Hint Year Miles Depreciation 2024 11,000 Print 2025 42,000 2026 43,000 References 2027 38,000 2028 39,000 Total S 0

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