! Required information 13 [The following information applies to the questions displayed below.) Speedy Delivery Company purchases a delivery van for $40,000. Speedy estimates that at the end of its four-year service life, the van will be worth $5,200. During the four-year period, the company expects to drive the van 174,000 miles. Actual miles driven each year were 44,000 miles in year 1 and 52,000 miles in year 2. Required: Calculate annual depreciation for the first two years of the van using each of the following methods. (Do not round your intermediate calculations.) ok 1. Straight-line. . Year Annual Depreciation 1 nces 2 $ 710 X This is a numeric cell, so please enter numbers only. ! Required information f3 [The following information applies to the questions displayed below.) Speedy Delivery Company purchases a delivery van for $40,000. Speedy estimates that at the end of its four-year service life, the van will be worth $5,200. During the four-year period, the company expects to drive the van 174,000 miles. Actual miles driven each year were 44,000 miles in year 1 and 52,000 miles in year 2. Required: Calculate annual depreciation for the first two years of the van using each of the following methods. (Do not round your intermediate calculations.) ok 2. Double-declining-balance. . Year Annual Depreciation 1 nces 2 ! Required information f3 [The following information applies to the questions displayed below.) Speedy Delivery Company purchases a delivery van for $40,000. Speedy estimates that at the end of its four-year service life, the van will be worth $5,200. During the four-year period, the company expects to drive the van 174,000 miles. Actual miles driven each year were 44,000 miles in year 1 and 52,000 miles in year 2. Required: Calculate annual depreciation for the first two years of the van using each of the following methods. (Do not round your intermediate calculations.) ok 3. Activity-based. . Year Annual Depreciation 1 nces 2