On January 1, 2018, the Excel Delivery Company purchased a delivery van for $48,000. At the end of its five-year service life, it is estimated that the van will be worth $3,000. During the five-year period, the company expects to drive the van 150,000 miles. Required Calculate annual depreciation for the five-year life of the van using each of the following methods. 1. Straight line. 2. Sum-of-the-years'-digits 3. Double-declining balance 4. Units of production using miles driven as a measure of output, and the following actual mileage: Complete this question by entering your answers in the tabs below Required 1 Required 2 Required 3 Required4 Calculate annual depreciation for the five-year life of the van using straight line method Straight-line per year