On January $1,$ Speedy Delivery Company purchases a delivery van for $$29,600.$ Speedy estimates that at the end of its four$-$year service life, the van will be worth $$4,800.$ During the four$-$year period, the company expects to drive the van $155,000$ miles.

Actual miles driven each year were $41,000$ miles in year $1$ and $45,000$ 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.

$\backslash$table$[[$Year$,\backslash$table$[[$Annual$],[$Depreciation$]]],[1,],[2,]]$