A new delivery truck was purchased for the business: Acquisition cost........$5,200 Salvage value...............800 Useful life...............4 years Assume the life of the asset is based on 20,000 units. The units usage is year 1: 6,000 units; year 2: 8,000; year 3: 4,000; and year 4: 2,000. Choose the correct answer for each of the following:

A new delivery truck was purchased for the business: Acquisition cost$5,200 Salvage value..0 Assume the life of the asset is based on 20,000 units. The units usage is year 1: 6,000 units; year 2: 8,000; year 3: 4,000; and year 4: 2,000. Choose the correct answer for each of the following: Depreciation Expense for Year 2 under straight line method Depreciation Expense for Year 3 under double-declining balance method Depreciation Expense for Year 2 under sum-of-the-years digit method Depreciation Expense for Year 1 under production-output method. Book value at the end of Year 3 under straight line method Book value at the end of Year 2 under double-declining balance method Book value at the end of Year 1 under sum-of-the-years digit method Book value at the end of Year 4 under production-output method. 1,100 500