On January 1, 2018, the Excel Delivery Company purchased a delivery van for $123,000. At the...

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On January 1, 2018, the Excel Delivery Company purchased a delivery van for $123,000. At the end of its five-year service life, it is estimated that the van will be worth $12,600. During the five-year period, the company expects to drive the van 368,000 miles. Required: Calculate annual cpreciation for the five-year life of the van using each of the following methods. 1. Straight line. 2. Sum-of-the-years-digit 3. Double-declining balance 4. Units of production using miles riven as a measure of actual mileage: ut, and the following On January 1, 2018, the Excel Delivery Company purchased a delivery van for $123,000. At the end of its five-year service life, it is estimated that the van will be worth $12,600. During the five-year period, the company expects to drive the van 368,000 miles. Required: Calculate annual cpreciation for the five-year life of the van using each of the following methods. 1. Straight line. 2. Sum-of-the-years-digit 3. Double-declining balance 4. Units of production using miles riven as a measure of actual mileage: ut, and the following