Tesco Corporation purchased a delivery van on March 7th 2023. Assume this van was the company's only capital asset and that the company uses the half year rule. The following information is available. Cost $50,000 Estimated useful life 5 years or 400,000 kms The van was driven 30,000 km in 2023 and 50,000km in 2024 Residual value $10,000 Required: 1. Calculate the depreciation for 2023 under each of the following methods: a. Usage b. Straight-line c. Double-declining balance 2. Calculate the depreciation for 2024 under each of the following methods: a. Usage b. Straight-line c. Double-declining balance 3. Which method would give the highest net income in 2023? Which method would give the lowest net income in 2024?