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check if the answers are correct Required Information (The following information applies to the questions displayed below) On January 1, 2021, the Excel Delivery Company purchased a delivery van for $30,000. At the end of the five year service life, it is estimated that the van will be worth $3,000. During the five-year period, the company expects to drive the van 128,000 miles. Required: Calculate annual depreciation for the five-year life of the von using each of the following methods 2. Double-declining balance. (Round your answers to the nearest whole dollar amount Year 2021 2022 2023 2024 2025 TO Depreciation $ 4.001 2.045 8.341 7,364 7568 27 400