Company A purchased a new truck at a cost of $35,000. The truck has a 5 year life expectancy and can be expected to provide service for 100,000 miles. At the end of the 5 years, it is expected to have a trade-in value of $5,000.

The truck provided good service and was used for 35,000 miles in year 1, 20,000 miles in year 2, 18,000 miles in year 3, 15,000 miles in year 4, and 12,000 miles in year 5.

Using the table provided below, Calculate the the annual depreciation for the truck, for each year, using the stated methods.

(Straight Line Method, Units of Production Method, and Declining Balance Method)

Year Straight Line Method Annual Depreciation Expense Accumulated Deprecation Year End Book Value Unuts Or Production Method Annual Depreciation Expense Accumulated Depreciation Year Year End Book Value Declaring Balance Method Annual Depreciation Expense Accumulated Depreciation Year End Book Value Year