Question: Help Save& Exit Submit Check my work the Excel Delivery Company purchased a delivery van for $52,000. At the end of its five- year service

 Help Save& Exit Submit Check my work the Excel Delivery Company

Help Save& Exit Submit Check my work the Excel Delivery Company purchased a delivery van for $52,000. At the end of its five- year service life, itis estimated that the van will be worth $4,200. During the five-year period, the company expects to drive the van 150,000 miles. Required: Calculate annual depreciation for the five-year life of the van using each of the following methods. 1. Straight line 2. Sum-of-the-years'-digits 3. Double-declining balance. 4. Units of production using miles driven as a measure of output, and the following actual mileage: Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate annual depreciation for the five-year life of the van using units of production using miles driven as a measure of output, and the following actual mileage. (Do not round your intermediate calculations.) Miles De 31,000 33,000 44,000 29,000 30,000 2018 2019 2021 Prey1 of 12 E Next >

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