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6 ! Required information [The following information applies to the questions displayed below.] Part 1 of 3 Speedy Delivery Company purchases a delivery van for $30,400. Speedy estimates that at the end of its four-year service life, the van will be worth $5,200. During the four-year period, the company expects to drive the van 157,500 miles. Actual miles driven each year were 42,000 miles in year 1 and 46,000 miles in year 2. 10 points Required: Calculate annual depreciation for the first two years of the van using each of the following methods. (Do not round your intermediate calculations.) eBook Hint References 1. Straight-line. Year Annual Depreciation 1 2