Required Information The following information applies to the questions displayed below) On January 1, 2021, the Excel Delivery Company purchased a delivery van for $45,000. 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 144,000 miles. Part 3 of 3 0.33 points Required: Calculate annual depreciation for the five-year life of the van using each of the following methods 3. Units of production using miles driven as a measure of output, and the following actual mileage: (Do not round intermediate calculations.) Answer is complete but not entirely correct. Year Miles Depreciation 2021 34,000 $ 9,860 2022 20.000 5,800 2023 27,000 7,830 2024 32,000 9,280 2025 33,000 9.230 Total $ 42,000