3 PART QUESTION, PLEASE ANSWER ALL!!!

Delivery Service Express (DSE) has a fleet of trucks and specializes in the delivery of refrigerated foods. The warehouse manager purchased a delivery truck for $240,000. Part of the job of the Chief Financial Officer (CFO) is to depreciate the delivery truck over its estimated useful life. The CFO is considering three depreciation methods: activity-based, straight-line, and double-declining-balance. The CFO has plotted depreciation each year (left graph) using an estimated five-year useful life. The right graph shows the accumulation of depreciation each year for each method. Depreciation Each Year by Method Accumulated Depreciation Each Year by Method $120,000 $250,000 $100,000 $200,000 $200,000 $80,000 $150,000 $60,000 Method 1 1 Method 2 $100,000 will $40,000 Method 3 $20,000 --Method 1 Method 2 Method 3 $50,000 $0 $0 Year 1 2 Year 1 2 Click here to open the graph(s) in a new tab. Required: Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Reg 3 Reg 4 Req 5A Reg 5B What is the truck's estimated residual value (Hint: Recall the purchase cost of the truck is $240,000)? Estimated Residual Value Reg 1 Req 2A Reg 2B Reg 3 Req 4 Req 5A Req 5B If the CFO instead uses Method 3, Accumulated Depreciation by the end of Year 2 would be $153,600. What would be the reported book value of the truck at the end of Year 2 using Method 3? Book Value