Question: On January 1 , 2 0 2 4 , the Excel Delivery Company purchased a delivery van for $ 3 4 , 0 5 0

On January 1,2024, the Excel Delivery Company purchased a delivery van for $34,050. At the end of its 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 103,500 miles.
Required:
Calculate annual depreciation for the five-year life of the van using each of the following methods.
Units of production using miles driven as a measure of output, and the following actual mileage: ote: Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.
\table[[Year,Miles,Depreciation],[2024,22,700,],[2025,24,700,],[2026,15,700,],[2027,23,500,],[2028,18,900,],[Total,,
On January 1 , 2 0 2 4 , the Excel Delivery

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