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Crown purchased a new dump truck for $38,000 cash on January 1, 20Y3. In addition to the purchase price, Crown paid $700 for delivery charges

Crown purchased a new dump truck for $38,000 cash on January 1, 20Y3. In addition to the purchase price, Crown paid $700 for delivery charges and $3,800 in sales taxes. It also spent $1,000 in September for the dump truck's first oil change and some belt replacements. The dump truck has an estimated useful life of 10 years and a salvage value of $4,000. Crown estimates it will operate the dump truck for 10,400 hours during its useful life. Crown used the dump truck 980 hours during 20Y3.

How much depreciation expense will Crown record in 20Y3 using each of the depreciation methods listed below? Round your final answers to the nearest whole dollar. Include appropriate commas and no dollar signs (e.g. 1,000).

Straight-Line

Double-Declining Balance

Units of Activity

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