Required information

Exercise $11-1($Algo$)$ Depreciation methods $[$LO$11-2]$

$[$The following information applies to the questions displayed below.$]$

On January $1,2024,$ the Excel Delivery Company purchased a delivery van for $$35,850.$ At the end of its five$-$year service life, it is estimated that the van will be worth $$3,000.$ During the five$-$year period, the company expects to drive the van $109,500$ miles.

Required:

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

Exercise $11-1($Algo$)$ Part $3$

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

Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.

$\backslash$table$[[$Year$,$Miles,Depreciation$],[2024,23,900,$$$,7,170],[2025,25,900,,7,770],[2026,16,900,,5,070],[2027,29,500,,8,850],[2028,15,300,,],[$Total$,,$$$,28,860]]$