Required information Exercise 7-11A Determine depreciation under three methods (LO7-4) [The following information applies to the questions displayed below.] Speedy Delivery Company purchases a delivery van for \\( \\$ 42,400 \\). Speedy estimates that at the end of its four-year service life, the van will be worth \\( \\$ 6,400 \\). During the four-year period, the company expects to drive the van 180,000 miles. Actual miles driven each year were 46,000 miles in year 1 and 50,000 miles in year 2 . Required: Calculate annual depreciation for the first two years of the van using each of the following methods. (Do not round your intermediate calculations.) Exercise 7-11A Part 1 1. Straight-line. Exercise 7-11A Part 2 2. Double-declining-balance. Exercise 7-11A Part 3 3. Activity-based