Little TownLittle TownPizza bought a used Ford delivery van on January? 2,20182018?, for$ 21 comma 800$21,800....

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Little TownLittle TownPizza bought a used Ford delivery van onJanuary? 2,20182018?, for$ 21 comma 800$21,800. The van wasexpected to remain in service for four years left parenthesis 48750(48,750 miles). At the end of its useful? life, LittleTownLittle Town management estimated that the? van's residual valuewould be $ 2 comma 300$2,300. The van traveled 1500015,000 milesthe first? year, 1700017,000 miles the second? year, 1250012,500miles the third? year, and 42504,250 miles in the fourth year.
1.
Prepare a schedule of depreciation expense per year for the vanunder the three depreciation methods.? (For units-of-productionand? double-declining-balance methods, round to the nearest twodecimal places after each step of the? calculation.)
2.
Which method best tracks the wear and tear on the? van?
3.
Which method would
Little TownLittle Town
prefer to use for income tax? purposes? Explain your reasoning indetail.

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Information Given Little Town Pizza bought a used Ford delivery van on January 22018 for 21800 The van was expected to remain in service for four years 48750 miles Vans residual value 2300 The van traveled 15000 miles the first year 17000 miles the second year 12500 miles the third year and 4250 miles in the fourth year 1 See Answer

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1.	Prepare a schedule of depreciation expense per year for the vanunder the three depreciation methods.? (For units-of-productionand? double-declining-balance methods, round to the nearest twodecimal places after each step of the? calculation.)
2.	Which method best tracks the wear and tear on the? van?
3.	Which method would Little TownLittle Town prefer to use for income tax? purposes? Explain your reasoning indetail.