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A small truck is purchased for $112,000. It is expected to be of use to the company for 6 years, after which it will be

A small truck is purchased for $112,000. It is expected to be of use to the company for 6 years, after which it will be sold for $13,000. Determine the depreciation deduction and the resulting unrecovered investment during each year of the assets life.

**Use straight-line depreciation:**

EOY. Depreciation Deduction. Unrecovered Investment

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**Use declining balance depreciation using a rate that ensures the book value equals the salvage value:**

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**Use double declining balance depreciation:**

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Note! Manually calculated values of dt (Depreciation Deduction) would normally be adjusted such that Bt (Unrecovered Investment) does not go below the salvage value. Ignore these adjustments in this case.

**Use double declining balance switching to straight line depreciation:**

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Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is 10.

Please enter 0 for fields with no amounts. Do not leave any fields blank.

0 S 1 2 5 3 i 4 5 S in W un MOLLIS 6 S 7 5 09 u S 6 5 S 10 WI 11 5 5 12 SI 0 1 2 3 5 4 6 7 00 9 10 12 0 1 2 3 5 4 6 7 00 9 10 12 0 1 2 E 0 5 + 9 7 00 6 10 11 12

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