On January 1, 2021, the Excel Delivery Company purchased a delivery van for $43,000. At the end of its five-year service life, it is estimated that the van will be worth $4,000. 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. Answer is complete and correct. Straight-line $ 7,800 per year 2. Double-declining balance. (Round Year Depreciation 2021 2022 2023 2024 2025 Total $ 3. Units of production using miles driven as a measure of output, and the following actual mileage:( calculations.) Year Depreciation 2021 2022 2023 2024 2025 Total Miles 32,000 34,000 25,000 30,000 31,000