7	Depreciate the truck using the units of activity method
	The truck is expected to travel 100,000 miles during its 6 year useful life with a salvage value of $3,300. The mileage breakdown is as follows:
	Year 1 - 30,000 miles; Year 2 - 25,000 miles, Year 3 - 15,000 miles, Year 4 - 10,000 miles, Year 5 - 12,000 miles, Year 6 - 8,000
	Record the depreciation expense for year 4
	Prepare the partial balance sheet at the end of year 4
	The truck was disposed of on Sept. 30 Year 5. Prepare the journal entry to record the disposal of the truck
	Truck/Vehicle
	Purchase Price	40,000
	Sales Taxes	3,600
	Painting and Lettering	5,000
	Installation of Additional seating	2,700
	Freight Insurance	500
	Shipping costs	1,500
	Total Acquisition cost	53,300