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West Side Pizza bought a used Foed delivery van on January 2, 2021, for $19,200. The van was expected to remain in service for four

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West Side Pizza bought a used Foed delivery van on January 2, 2021, for $19,200. The van was expected to remain in service for four years ( (71,200 miles), At the end of tis usefti life, West Side managomont estimated that the varis residual valuo would be $1,400. The van traveled 28,000 mles the first year, 20,500 miles the second year, 18,500 miles the third year, and 4,200 miles in the fourth year. Read the requiromens Requirement 1. Prepare a schedule of depreciation expense por your for the van under the three depreciation methods. Prepare a schedule of depreciation expense per year for the van under the straightine method. (Complete all input fields. Enter a 0 lor ary zero balances.) 1. Prepare a schedule of depreciation expense per year for the van under the three depreciation methods. (For units-of-production and double-declining-balance methods, round to the nearest two decimal places after each step of the calculation.) 2. Which method best tracks the wear and tear on the van? 3. Which method would West Side prefer to use for income tax purposes? Explain your reasoning in detail

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