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Return to question 3 Required information The following information applies to the questions displayed below) On January 1, 2021, the Excel Delivery Company purchased a

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Return to question 3 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 fe, 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 of 3 0.33 point Required: Calculate annual depreciation for the five-year life of the van using each of the following methods 3. Units of production using milles driven as a measure of output, and the following actual mileage: (Do not round intermediate calculations.) Answer is complete but not entirely correct. Miles Depreciation 2021 34.000 $ 9,860 2022 20.000 5.800 2023 27.000 7830 2024 32,000 9.280 2025 33.000 13.200 1997

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