Ricky recently acquired a delivery van for 22,900 paying cash. Ricky projects a 4 year useful service life and a remaining residual value on the van of 2,000. Ricky expects to drive the van 107,000 miles during the useful service life. Please compute the annual depreciation value for the 4 year life of the delievery van for each of these methods.

1.) Straight-line

2. Double-declining-balance. (Round your depreciation rate to 2 decimal places. Round your final answers to the nearest whe dollar.) Year End of Year Amounts Depreciation Accumulated Book Value Expense Depreciation Total $ 0 3. Actual miles driven each year were 20,000 miles in Year 1: 30,000 miles in Year 2: 24,000 miles in Year 3; and 27,000 miles in Year 4. Note that actual total miles of 101,000 fall short of expectations by 6,000 miles. Calculate annual depreciation for the four-year life of the van using activity-based. (Round your depreciation rate to 2 decimal places.) Year End of Year Amounts Depreciation Accumulated Expense Depreciation Book Value 2 I Total $ 0