Ro Required information The following information applies to the questions displayed below) Speedy Delivery Company purchases a delivery van for $30,400. Speedy estimates that at the end of its four-year service life, the van will be worth $5,200. During the four-year period, the company expects to drive the van 157.500 miles Actual miles driven each year were 42.000 miles in year 1 and 46,000 miles in year 2. Required: Calculate annual depreciation for the first two years of the van using each of the following methods. (Do not round your Intermediate calculations.) book 2 Double declining balance Year Annual Depreciation 1 2 Required information [The following information applies to the questions displayed below.) Speedy Dellvery Company purchases a delivery van for $30,400. Speedy estimates that at the end of its four-year service life, the van will be worth $5,200. During the four-year period, the company expects to drive the van 157.500 miles Actual miles driven each year were 12.000 miles in year 1 and 46,000 miles in year 2. Required: Calculate annual depreciation for the first two years of the van using each of the following methods (Do not round your intermediate calculations.) 3. Activity based Year Annual Depreciation 1 2 Togo's Sandwiches acquired equipment on April 1, 2021, for $19,500 The company estimates a residual value of $2,300 and a five year service life. Required: Calculate depreciation expense using the straight line method for 2021 and 2022, assuming a December 31 year-end. 2021 2022 Depreciation expense