A small truck is purchased for $97,000. It is expected to be of use to the company for 9 years, after which it will be sold for $11,500. 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 Parta Your answer is correct. Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is 10. Use declining balance depreciation using a rate that ensures the book value equals the salvage value: Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is 10. Attempts: 1 of 3 used