1. Vijay's Deliveries purchased a truck on February 1, 2015. The truck cost $40 000, has a useful life of seven years and a residual value of $5 000. It is estimated that over life of the truck, it will be able to travel 500 000 km. It traveled 120 000 km in 2015, and is projected to travel 110 000 km in 2016.Calculate the amortization expense for 2015 using the three methods of amortization (straight-line. usage and double declining balance) at December 31