The following information applies to the questions displayed below.] On January 1, 2021, the Excel Delivery Company purchased a delivery van for $50,000. At the end of its five-year service life, it is estimated that the van will be worth $2,000. During the five-year period, the company expects to drive the van 130,000 miles. Required: Calculate annual depreciation for the five-year life of the van using each of the following methods. Exercise 11-1 (Algo) Part 3 3. Units of production using miles driven as a measure of output, and the following actual mileage: (Do not round intermediate calculations.)

mework Saved LACILIDE II Miyu vepELIOLIUTI Huvus LUIP4 [The following information applies to the questions displayed below) On January 1, 2021, the Excel Delivery Company purchased a delivery van for $50,000. At the end of its five year service life, it is estimated that the van will be worth $2,000 During the five-year period, the company expects to drive the van 130,000 miles Required: Calculate annual depreciation for the five year life of the van using each of the following methods Exercise 11-1 (Algo) Part 3 3. Units of production using miles driven as a measure of output, and the following actual mileage (Do not round intermediate calculations.) Year 2021 2022 Miles Depreciation 10,000 $ 3,692 15.000 5,538 32.000 11,815 37,000 13,662 38,000 14031 $ 48.738 2023 2024 2025 Total . Pry Not