# 5) Required: Depreciation Methods Assume that your business purchased a truck for $100,000 with an expected useful life of 8 years or 400,000 km and a residual value of $20,000. The truck is used for 50,000 in its first & second year, and 72,000 km in its third year (a) Calculate depreciation using the straight-line method for year 1 & 3. (b) Calculate depreciation under the units of production method for year 1 & 3. (c) If you used the "Straight line" method of depreciation and you wanted to sell the truck after year 3, what would you hope to sell it for