On January $1,$ year $1,$ the Fab Delivery Company purchased a delivery van for $$43,350.$ At the end of its five$-$year service life, it is

estimated that the van will be worth $$4,500.$ During the five$-$year period, the company expects to drive the van $105,000$ miles.

Required:

Calculate annual depreciation for the five$-$year life of the van using each of the following methods. Round all computations to the

nearest dollar.

$1.$ Straight line.

$2.$ Double$-$declining balance.

$3.$ Units of production using miles driven as a measure of output, and the following actual mileage:

Year Miles

year $121,700$

year $224,500$

year $315,200$

year $420,700$

year $525,900$