180% Declining balance for #12 and #13

Use the following to answer questions 5-15 (Straight Line, 180% declining balance and Activity Based) TTransport purchased a new semi-trailer truck for an acquisition cost of $250,000. The company estimates the truck will have a residual value of $50,000 when they are done using it at the end of 4 years or about 500,000 miles. Answer 5-8 based on Straight line depreciation 12. $ Year 3 depreciation expense 13. $ Year 4 depreciation expense