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Depreciation for Partial Periods Norman Delivery Company purchased a new delivery truck for $ 5 1 , 0 0 0 on April 1 , 2

Depreciation for Partial Periods
Norman Delivery Company purchased a new delivery truck for $51,000 on April 1,2019. The truck is expected to have a service life of 5 years or 150,000 miles and a residual value of $3,000. The truck was driven 10,000 miles in 2019 and 14,000 miles in 2020. Norman 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 16

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