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On January 1, 2018, the Excel Delivery Company purchased a delivery van for $51,000. At the end of its five-year service life, it is estimated

On January 1, 2018, 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 $4,200. During the five-year period, the company expects to drive the van 100,000 miles. Required: Calculate annual depreciation for the five-year life of the van using each of the following methods.

4. Units of production using miles driven as a measure of output, and the following actual mileage

year mileage depreciation
2018 26000
2019 28000
2020 19000
2021 24000
2022 25000
Total

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