Exercise $7-11$A Determine depreciation under three methods $($LO$7-4)$

$[$The following information applies to the questions displayed below.$]$

Speedy Delivery Company purchases a delvery van for $\backslash (\backslash$$ $36,000\backslash ).$ Speedy estimates that at the end of its four$-$year service life, the van will be worth $\backslash (\backslash$$ $6,400\backslash ).$ During the four$-$year period, the company expects to drive the van $148,000$ miles.

Actual miles driven each year were $40,000$ miles in year $1$ and $46,000$ miles in year $2.$

Required:

Calculate annual depreclation for the first two years of the van using each of the following methods. $($Do not round your intermediate calculations.$)$

$1.$ Straight$-$line.

$2$ Double$-$declining$-$balance.

$3.$ Activity$-$based.