3 (5 marks) Fox Mulder, the owner of Mulder Removal, bought a new truck for his removal business. Costs incurred are listed below: Dealer charge Installation of GPS, safety devices, etc. Delivery charge Import taxes $285,000 $5,000 $2,000 $3,000 Fox has been advised to use the "unit of production" method of depreciation as the basis for determining the new truck's depreciation expense. He estimates that the expected kilometres over the truck's useful life are 500,000 kilometres, and a residual value of $10,000. Required: i. Calculate the depreciation charge for 80,000 km of use in year 1. ii. Calculate the depreciation charge for 100,000 km of use in year 2. iii. Calculate the accumulated depreciation balance at the end of year 2