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Saved Required information The following information applies to the questions displayed below On January 1, 2021, the Excel Delivery Company purchased a delivery van for

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Saved Required information The following information applies to the questions displayed below On January 1, 2021, the Excel Delivery Company purchased a delivery van for $153,000. At the end of its five-year service ife, it is estimated that the van will be worth $15,600. During the five-year period, the company expects to drive the van 458,000 miles Required: Calculate annual depreciation for the five-year life of the van using each of the following methods 3. Units of production using miles driven as a measure of output, and the following actual mileage: (Do not round intermediate calculations.) Year Miles Depreciation Print 2021 52.000 62,000 2022 eferences 2023 55.000 2024 45,000 2025 48.000 Total

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