$!$

Required information

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

On January $1,$ Speedy Delivery Company purchases a delivery van for $$90,000.$ Speedy estimates that at the end of its six$-$year service life, the van will be worth $$30,000.$ During the six$-$year period, the company expects to drive the van $200,000$ miles.

Actual miles driven each year were $32,000$ miles in year $1$ and $35,000$ miles in year $2.$

Required:

Calculate annual depreciation for the first two years using each of the following methods. $($Do not round your intermediate calculations.$)$

$2.$Straight line

Double declining

Activity Based