Required information [The following information applies to the questions displayed below] On January 1, Speedy Delivery Company purchases a delivery van for $32,000. Speedy estimates that at the end of its four-year service life, the van will be worth $6,000. During the four-year period, the company expects to drive the van 130,000 miles. Actual miles driven each year were 35,000 miles in year 1 and 38,000 miles in year 2 . Required: Calculate annual depreciation for the first two years using each of the following methods. Note: Do not round your intermediate calculations. 1. Straight-line. Required information The following intormation applies to the questions displayed below] Unversty Car Wesh bum a deluxe car wash across the street from campus. The new machines cost $261000, inctuding instalation. The company estimates that the equipment wie hove a residual valbe of 527,000 . Universty Car Wash alvo estimules it will use the muchine for slx years of about 12,000 total hours. Actual use pet year was as follows Required: 1. Prepare o depreciation schedule for sx years using the straight-line method Note: Do not round your intermediate calculations