McGraw Connect mill-chapters 7,8/90 Seved Question 2 - Exam - chapters 7,8/9 Connect Help Save & Exit Submit 2 Flower Power, Inc purchases a van for making deliveries for $23,600. The company estimates a four-year service life and a residual value of $1,800. During the four-year period, the company expects to drive the van 106,000 miles. Calculate annual depreciation for the four-year life of the van using each of the following methods. . 02:12:57 1. Straight-line. Deprecation expense 2. Double-declining-balance. (Round your depreciation rate to 2 decimal places. Round your final answers to the nearest whole dollar) Depreciation End of Year Amounts Accumulated Depreciation Book Value Year Expense 1 2 3 4 Total