#3) Amortization On January 1, 2019, Brazeau Transport purchased a $165,000 truck for hauling cattle across the border. Brazeau plans on driving the truck for four years or 406,250 kilometres. Expected residual value for the truck is $35,000. Brazeau drove the truck 90,000 km in year 1, 86,000 km in year 2, and 115,000 km in year 3. Then, on June 30, 2022, after having driven the truck 44,000 kilometres in the year, the truck had an accident on the highway and was totalled. The insurance proceeds for the truck was $42,000 cash. Required: (8 marks) Consider each of the following questions as individual and separate from one another. a) Calculate the amortization expense for the truck for the year 2019 using the straight line method and record the journal entry in proper format. b) Calculate the amortization expense for the truck for the years 2019 and 2020 using the double- declining-balance method. c) Calculate the amortization expense for the truck for the year 2021 assuming the unit-of-production method is used