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Depreciation Methods Illustration 10-7 Illustration: Barb's Florists purchased a small delivery truck on January 1, 2017 Cost $13,000 Delivery truck data Expected salvage value $1,000

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Depreciation Methods Illustration 10-7 Illustration: Barb's Florists purchased a small delivery truck on January 1, 2017 Cost $13,000 Delivery truck data Expected salvage value $1,000 Estimated useful life in years 5 Estimated useful life in miles 100,000 Required: Compute depreciation using the following. (a) Straight-Line (b) Units-of-Activity (c) Declining Balance 10-17 LO 2 17

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