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On January 1 , a company purchases a delivery van for $ 4 4 , 0 0 0 . The company estimates that at the

On January 1, a company purchases a delivery van for $44,000. The company estimates that at the end of its four-year service life, the van will be worth $7,200. During the four-year period, the company expects to drive the van 184,000 miles.
Actual miles driven each year were 48,000 miles in year 1 and 56,000 miles in year 2.
Required:
Calculate annual depreciation for the first two years using each of the following methods.
Straight-line.
Double-declining-balance.
Activity-based.
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Required 1
Calculate annual depreciation for the first two years using straight-limet method. (Do not round your intermediate calculations.)
\table[[Year,\table[[Annual],[Depreciation]]],[1,],[2,]]
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