Speedy Delivery Company purchases a delivery van for $28,000. Speedy estimates that at the end of its four-year service life, the van will be worth $4,000. During the four-year period, the company expects to drive the van 120,000 miles Actual miles driven each year were 33,000 miles in year 1 and 36,000 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.) 1. Straight-line. Year Annual Depreciation 5 6,000 5 6.000 1 2 2. Double-declining-balance Year Annual Depreciation 1 2 3. Activity based Year Annual Depreciation 1