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Required information Exercise 11-1 (Algo) Depreciation methods (L011-2] [The following information applies to the questions displayed below) On January 1, 2021, the Excel Delivery Company purchased a delivery van for $52.000. At the end of its five year service life, it is estimated that the van will be worth $4.000 During the five-year period, the company expects to drive the van 166,000 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.) Yeni 2021 2022 2023 2024 2025 Total Milos Depreciation 12.000 3470) 13.00012434 34,000 9831 39.000 11.277 40.000 3 48,578