2 Asset 3 Asset name: 4 Date acquired: 5 Cost: 6 Depreciation method: 7 Salvage (residual) value: 8 Estimated useful life (miles): 9 222 Truck 1/1/14 $25,000 Units-of-Production $5,000 100,000 10 11 Depreciation Schedule - Units-of-Production Method 12 13 Year Miles Driven Depreciation Expense Accumulated Depreciation Book Value 14 15 16 2014 2015 2016 2017 2018 17 18 19 20 21 22 23 24