3.5 What amount should be recorded to the Land account? 4. $ What amount should be recorded to the Building account? Use the following to answer questions 5-15 (Straight Line, 180% declining balance and Activity Based) R Transport purchased a new semi-trailer truck for an acquisition cost of $300,000. The company estimates the truck will have a residual value of $50,000 when they are done using it at the end of 5 years or about 500,000 miles Answer 5-8 based on Straight line depreciation th us Year 2 depreciation expense Book value at the end of year 2 Accumulated depreciation for year 3 Book value at the end of year 3 > 00 Page 7-10 Spring 2020 Chapter 7 (osjanpng TSTMpng Sa