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please answer all requirements 1-3 Big Clyy Pizza bought a used Ford delivery van on January 2, 2021, for $23,000. The var was expected to

please answer all requirements 1-3
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Big Clyy Pizza bought a used Ford delivery van on January 2, 2021, for $23,000. The var was expected to remain in service for four years (t02,000 miles). At the end of its useful life, Big C managoment estimated that the van's residual vahue would be $2,600. The van traveled 40,000 miles the first year, 33,000 miles the second yoar, 18,000 milot the third year, and 11,000 mi fourth year. Read the Requirement 1. Prepare a schedsle of depreciation expense per year for the van under the three depreciation methods. Prepare a schedule of depreciation expense per year for the van undec the straight-ine method. (Complete al input feids . Enter a 0 for any zero balances.) Requirements 1. Prepare a schedule of depreciation expense per year for the van under the three depreciation methods. (For units-of-production and double-declining-balance methods, round to the nearest two decimal places after each step of the calculation.) 2. Which method best tracks the wear and tear on the van? 3. Which method would Big City prefer to use for income tax purposes? Explain your reasoning in detail

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