Calculate annual depreciation for the first two years using each of the follwing methods.

Required information [The following information applies to the questions displayed below] On January 1. Speedy Dellvery Company purchases a dellvery van for $32,800.5peedy estimates that at the end of its four-year service llfe, the van will be worth $4.800. During the four-year period, the company expects to drife the van 175,000 miles. Actual miles driven each year were 45,000 miles in year 1 and 53.000 mies in year 2 Required: Required: Calculate annual depreciation for the first two years using each of the following methods. (Do not round your intermediote calculations..) 1. Straight-line. Required information [The following information applies to the questions displayed below] On January 1. Speedy Dellvery Company purchases a dellvery van for $32,800.5peedy estimates that at the end of its four-year service llfe, the van will be worth $4.800. During the four-year period, the company expects to drife the van 175,000 miles. Actual miles driven each year were 45,000 miles in year 1 and 53.000 mies in year 2 Required: Required: Calculate annual depreciation for the first two years using each of the following methods. (Do not round your intermediote calculations..) 1. Straight-line