Required information [The following information applies to the questions displayed below] On January 1, Speedy Delivery Company purchases a delivery van for $37,600. Speedy estimates that at the end of its four-year service life, the van will be worth $5,800. During the four-year period, the company expects to drive the van 159,000 miles: Actual miles driven each year were 42,000 miles in year 1 and 45,000 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.) 1. Straight-line. Required information [The following information applies to the questions displayed below] On January 1, Speedy Delivery Company purchases a delivery van for $37,600. Speedy estimates that at the end of its four-year service life, the van will be worth $5,800. During the four-year period, the company expects to drive the van 159,000 miles, Actual miles driven each year were 42,000 miles in year 1 and 45,000 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. Double-declining-balance. Required information [The following information applies to the questions displayed below:] On January 1, Speedy Delivery Company purchases a dellvery van for $37,600. Speedy estimates that at the end of its four-year service life, the van will be worth $5,800. During the four-year period, the company expects to drive the van 159,000 miles: Actual miles driven each year were 42.000 miles in year 1 and 45,000 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.) 3. Activity-based