Can I have step by step help with this question for study purposes?

Jackal Energy purchased a transport truck on January 1, 2020, for $271,300 cash. Its estimated useful life is five years or 290,000 kilometres with an estimated residual value of $50,900.

Required: Calculate depreciation expense for the year ended December 31, 2020, using each of the following methods: (Do not round intermediate calculations.)

A) Straight-line

B) Double-declining-balance

C) Units-of-production (assume 38,000 kilometres were actually driven in 2020).

Analysis component: Which depreciation method will produce the highest profit for Jackal in 2020?