Watch the Just Talking online guitar lesson by Angus Clark from Essentials: Rock Rhythm Unplugged
The progression here is again a I-V-vi-IV but the V chord is inverted in order to create a descending bass line. This is an important arrangement technique to remember that will make your parts more interesting. There's a little turnaround from ii-IV before the progression starts over again.
Listen for the "slap" effect and watch how it's created. We'll talk about it in the breakdown.