On January 1 , Speedy Delivery Company purchases a delivery van for $35,200. Speedy estimates that at the end of its four-year service life, the van will be worth $6,000. During the four-year period, the company expects to drive the van 182,500 miles. Actual miles driven each year were 48,000 miles in year 1 and 54,000 miles in year 2 . Required: Calculate annual depreciation for the first two years using each of the following methods. (Do not round your intermediate calculations.) Exercise 7-11 (Algo) Part 1 Straight-line. On January 1 , Speedy Delivery Company purchases a delivery van for $35,200. Speedy estimates that at the end of its four-year service life, the van will be worth $6,000. During the four-year period, the company expects to drive the van 182,500 miles. Actual miles driven each year were 48,000 miles in year 1 and 54,000 miles in year 2 . Required: Calculate annual depreciation for the first two years using each of the following methods. (Do not round your intermediate calculations.) xercise 7-11 (Algo) Part 2 Double-declining-balance. On January 1, Speedy Delivery Company purchases a delivery van for $35,200. Speedy estimates that at the end of its four-year service life, the van will be worth $6,000. During the four-year period, the company expects to drive the van 182,500 miles. Actual miles driven each year were 48,000 miles in year 1 and 54,000 miles in year 2 . Required: Calculate annual depreciation for the first two years using each of the following methods. (Do not round your intermediate calculations.) xercise 7-11 (Algo) Part 3 Activity-based