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Required information [The following information applies to the questions displayed below] On January 1,2024, the Excel Delivery Company purchased a delivery van for $41,000. At

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Required information [The following information applies to the questions displayed below] On January 1,2024, the Excel Delivery Company purchased a delivery van for $41,000. At the end of its five-year service life, it is estimated that the van will be worth $5,000. During the five-year period, the company expects to drive the van 122,000 miles: Required: Calculate annual deprectation for the five-year life of the van using each of the following methods 3. Units of production using miles diven as a measure of output, and the following actual mileage: Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollor amount. Answer is complete but not entirely correct

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