24. You purchased a dump truck for your business in January. The truck cost $100.000 and, for straight-line purposes only, you estimate that it will have a 510,000 salvage value at the end of its 5-year useful life. Compute depreciation schedules using straight-line, double declining balance (DDB or 200DB) and MACRS methods (20 pts). a) Using the straight-line method, what is the accumulated depreciation at the end of year 2? b) Using the straight-line method, what is the remaining book value at the end of year 4? c) Using the straight-line method, what is the annual depreciation in years? d) Using the DDB method, what is the depreciation expense in year 2? e) Using the DDB method, what is the accumulated depreciation at the end of year 3? f) Using the DDB method, what is the remaining book value at the end of year 5? g) Using the DDB method, what is the depreciation rate in year 4? h) Using the MACRS method, what is the depreciation expense in year 5? 1) Using the MACRS method, what is the accumulated depreciation at the end of year 4? 1) Using the MACRS method, the is the remaining book value at the end of year 3! ***Use the Format Shown Below and SHOW YOUR WORK*** Straight-Line Annual Depreciation Accumulated Depreciation Year Book value (EOY) DDB Remaining Value Beginning of Year Year Accumulated Depreciation Remaining Value End of Year Rate Depreciation MACRS Method/ Life Beginning Accum/Depr MACRS Percentage Current Ending Depr Accum/Depr Book Value Year Cost