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Chegada eBook Show Me How Depreciation for Partial Periods Malone Delivery Company purchased a new delivery truck for $66,000 on April 1, 2019. The truck

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Chegada eBook Show Me How Depreciation for Partial Periods Malone Delivery Company purchased a new delivery truck for $66,000 on April 1, 2019. The truck is expected to have a service life of 10 years or 150,000 miles and residual value of $3,000. The truck was driven 10,000 miles in 2019 and 20,000 miles in 2020. Malone comptes depreciation expense to the nearest whole month Required: 1. Compute depreciation expense for 2019 and 2020 using the following methods: (Round your answers to the nearest dollar.) a. Straight line method 2019 2020 $ b. Sum-of-the-years-digits method 2019 5 2020 $ Double-declining balance method 2019 $ 2020 $ 0 Activity method 2019 $ 2020 $ 2. For each method, what is the book value of the machine at the end of 2019? At the end of 20207 (Round your answers to the nearest deltar) Straight-line method 2019 . 2020 5 h. Sum of the years digits method 2019 $ 2020 Check My Work

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