please complete part 1 part 2 and part 3
Part 1 of 3 Exercise 11-1 (Algo) Depreciation methods (LO11-2) The following information applies to the questions displayed below.) points On January 1, 2021, the Excel Delivery Company purchased a delivery van for $30,000. At the end of its five-year service life, it is estimated that the van will be worth $3,000. During the five-year period, the company expects to drive the van 132,000 miles. Required: Calculate annual depreciation for the five-year life of the van using each of the following methods. eBook Print Exercise 11-1 (Algo) Part 1 References Straight-line per year Part 23 Exercise 11-1 (Algo) Depreciation methods [LO11-2] The following information applies to the questions displayed below) On January 1, 2021, the Excel Delivery Company purchased a delivery van for $30,000. At the end of its five-year service life, it is estimated that the van will be worth $3,000. During the five-year period, the company expects to drive the van 132,000 miles. points Required: Calculate annual depreciation for the five-year life of the van using each of the following methods. Exercise 11-1 (Algo) Part 2 References 2. Double-declining balance. (Round your answers to the nearest whole dollar amount.) Depreciation Year 2021 2022 2078 Part 3 of 3 Exercise 11-1 (Algo) Depreciation methods [LO11-2] [The following information applies to the questions displayed below.) points On January 1, 2021, the Excel Delivery Company purchased a delivery van for $30,000. At the end of its five-year service life, it is estimated that the van will be worth $3,000. During the five-year period, the company expects to drive the van 132,000 miles, Required: Calculate annual depreciation for the five-year life of the van using each of the following methods. Exercise 11-1 (Algo) Part 3 References 3. Units of production using miles driven as a measure of output, and the following actual mileage: (Do not round intermediate calculations.) Year 2021 Depreciation 2022 2023 Miles 20 000 10,000 31,000 36,000 37.000 2024 2025 Total $ 0