A small truck is purchased for $137,000. It is expected to be of use to the company for 6 years, after which it will be sold for $15,500. Determine the depreciation deduction and the resulting unrecovered investment during each year of the asset's life. Click here to access the TVM Factor Table Calculator Part a Your answer is correct. Use straight-line depreciation: EOY Depreciation Deduction Unrecovered Investment 0 $ 137000 1 $ 20250 $ 116750 2 $ 20250 $ 96500 3 $ 20250 $ 76250 4 20250 $ 56000 5 $ 20250 $ 35750 6 $ 20250 $ 15500 Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is +10. Attempts: 2 of 3 used Part b Your answer is correct. Use declining balance depreciation using a rate that ensures the book value equals the salvage value: EOY Depreciation Deduction Unrecovered Investment 0 1 $ 41723 $ 95277 2 $ 29016 $ 66261 3 $ 20179 $ 46081 4 $ 14034 $ 32048 5 $ 9760 $ 22288 6 6788 $ 15500