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Any help would be appreciatated work A Saved Required information (The following information applies to the questions displayed below] Three different companies each purchased trucks
Any help would be appreciatated work A Saved Required information (The following information applies to the questions displayed below] Three different companies each purchased trucks on January 1, 2018, for $80,000. Each truck was expected to last four years or 250,000 miles. Salvage value was estimated to be $4,000. All three trucks were driven 78,000 miles in 2018 55,000 miles in 2019,50,000 miles in 2020, and 70,000 miles in 2021. Each of the three companies earned $69,000 of cash revenue during each of the four years. Company A uses straight-line depreciation, company B uses double-declining- balance depreciation, and company Cuses units-of-production depreciation Answer each of the following questions. Ignore the effects of income taxes 0-1. Calculate the book value on the December 31, 2020, balance sheet? (Round "Per Unit Cost" to 3 decimal places.) Book Value Company A Company B Company C
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