A small truck is purchased for $17,000. It is expected to be of use to the company for 6 years, after which it will be sold for $3,500. For each of the following cases, determine the depreciation deduction and the resulting book value during each year of the trucks life: a) Use straight-line depreciation. b) Use declining balance depreciation with a rate of 125% of the straight-line depreciation rate. c) Use declining balance depreciation with a rate of 150% of the straight-line depreciation rate. d) Use double declining balance depreciation. For declining balance and double declining balance, make sure that computed book values intersect with the estimated salvage value.