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Compute the Depreciation Expense for the Year Ended DEC-31-2019, Using the Straight Line Method: Our Business purchased a Truck for $120,000 on July-04-2018 with an

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Compute the Depreciation Expense for the Year Ended DEC-31-2019, Using the Straight Line Method: Our Business purchased a Truck for $120,000 on July-04-2018 with an estimated useful life of 5 years and 250,000 Miles. The Truck was driven 20,000 miles in 2018 and 60,000 miles during 2019. Show your answer as a Number ONLY, NO commas, Dollar Signs, or Decimals. Compute the Accumulated Depreciation as of DEC-31-2019 Using the Units of Production Activity Method. Our Business purchased a Truck for $120,000 on July-04-2018 with an estimated useful life of 5 years and 250,000 Miles. The Truck was driven 20,000 miles in 2018 and 60,000 miles during 2019. Show your Answer as a number ONLY, NO commas, decimals or Dollar Signs. Compute the cost of the Following Asset: Our Business purchased some Equipment for $200,000, in addition we had the following costs; Sales Tax on the Equipment was $10,000, Shipping was $4,000, Installation of the Equipment was $6,000, and Supplies for the Equipment were $3,000, and Employee Training on the Equipment was $7,000. Show your Answer as a number ONLY, NO Dollar signs, commas, or Decimals

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