Assignment III 1. Please calculate the depression value for a pick-up truck using the following methods of calculating depression; Straight-line, declining balance and sum-of-the-years-digits. Consider a pick-up truck costing $56,000, with a useful life of 10 years and a projected salvage value of $4,000. 2. Please place the appropriate information under the appropriate category of the balance sheet and income statement. A. Accounts Payable 7,450 Accounts receivable 10,500 Noncurrent portion-deferred taxes 11,250 Accrued expenses 13,000 Notes payable 58,400 Cash 9,320 Building improvements 33,660 Land 82,500 Prepaid Expenses 4,800 Cash investment in growing crops 40,100 Accrued interest 8,500 Retirement accounts 18,800 Machinery and Equipment 121,300 B. Crops and feed 67,000 Cash operating expenses 32,700 Depreciation 16,500 Cash sales of other livestock products 22,640 Government payments 6,900 Change in accounts receivable 3,690 Change in prepaid expenses (3,300) A Soils Assignme....pdf Soils Assignme....pdf Poster Judging....doc tv MacBook Search or type URL + $ % & * ( 4 5 6 7 8 9 E R T Y 1