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Barbs Florists purchased a small delivery truck on April 1, 2012 Cost = $ 150,000 Expected salvage value = $ 10,000 Estimated useful life in

Barbs Florists purchased a small delivery truck on April 1, 2012

Cost = $150,000

Expected salvage value = $10,000

Estimated useful life in years=10

Estimated useful life in miles =300,000

Miles driven per year.

Year

Miles

1st year

55,000

2nd year

86,000

3rd Year

42,000

4th year

38,000

5th year

32,000

6th year

47,000

Total

100,000

Prepare the table of deprecation through straight line method, unit of activity method and declining balance method.

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