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On January 1 , Speedy Delivery Company purchases a delivery van for $ 9 0 , 0 0 0 . Speedy estimates that at the

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On January 1, Speedy Delivery Company purchases a delivery van for $90,000. Speedy estimates that at the year service life, the van will be worth $30,000. During the six-year period, the company expects to drive the miles.
Actual miles driven each year were 32,000 miles in year 1 and 35,000 miles in year 2.
Required:
Calculate annual depreciation for the first two years using each of the following methods. (Do not round your intermediate calculations.)
Straight-line.
\table[[Year,\table[[Annual],[Depreciation]]],[1,$,30,000],[2,$,20,000]]
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