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Chapter 9 Exercise Naldo Party Supplies Inc. purchased a truck for 28.000 its useful life is 3 years/140,000 miles. The salvage value has been determined

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Chapter 9 Exercise Naldo Party Supplies Inc. purchased a truck for 28.000 its useful life is 3 years/140,000 miles. The salvage value has been determined to be 4.500. Prepare the depreciation schedules using all 3 methods. Note that in the first year, the truck drove 67,000 miles, 35.000 miles during the second, and 38,000 during the third Straight Line Book Value Year Depreciation Expense Accumulated Depreciation First Year Second Year Third Year Double Declining Rate Book Value Year Depreciation Expense Accumulated Depreciation First Year Second Year Third Year Units of Activity Book Value Year Depreciation Expense Accumulated Depreciation First Year Second Year Third Year

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