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Required information [The following information applies to the questions displayed below] On January 1, Speedy Delivery Company purchases a delivery van for $32.800. Speedy estimates

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Required information [The following information applies to the questions displayed below] On January 1, Speedy Delivery Company purchases a delivery van for $32.800. Speedy estimates that at the end of its four-year service life, the van will be worth $4,800. During the four-year period, the company expects to drive the van 175,000 miles: Actual miles driven each year were 45,000 miles in year 1 and 53,000 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

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