Depreciation for Partial Periods Chambers Delivery Company purchased a new delivery truck for $54,000 on April 1, 2019. The truck is expected to have a service life of 5 years or 120,000 miles and a residual value of $3,000. The truck was driven 8,000 miles in 2019 and 20,000 miles in 2020. Chambers computes depreciation expense to the nearest whole month. Required: Compute depreciation expense for 2019 and 2020 using the following methods: (Round your answers to the nearest dollar.)

Straight-line method 2019 $ fill in the blank 1 2020 $ fill in the blank

2 Sum-of-the-years'-digits method 2019 $ fill in the blank

3 2020 $ fill in the blank

4 Double-declining-balance method 2019 $ fill in the blank

5 2020 $ fill in the blank

6 Activity method 2019 $ fill in the blank

7 2020 $ fill in the blank

8 For each method, what is the book value of the machine at the end of 2019? At the end of 2020? (Round your answers to the nearest dollar.) Straight-line method 2019 $ fill in the blank

9 2020 $ fill in the blank

10 Sum-of-the-years'-digits method 2019 $ fill in the blank

11 2020 $ fill in the blank

12 Double-declining-balance method 2019 $ fill in the blank

13 2020 $ fill in the blank

14 Activity method 2019 $ fill in the blank 15 2020 $ fill in the blank