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Speedy Delivwery Company purchases a delivery van for $.39,200. Speedy estimates that at the end of ts four-year service ite, the va willbe worth $6.800.

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Speedy Delivwery Company purchases a delivery van for $.39,200. Speedy estimates that at the end of ts four-year service ite, the va willbe worth $6.800. During the tour yer period, the comgary espeds to dve he van 163,000 miles. Actual miles driven each year were 42,000 miles in year 1 and 48,000 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. 204 18,000

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