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f2? Method: Double-Declining-Balance Method Book Value _ _ Accumulate . . Depreciatlo d Book Value Year Beginning x Rate = . . n Expense Depreciation

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\f2? Method: Double-Declining-Balance Method Book Value _ _ Accumulate . . Depreciatlo d Book Value Year Beginning x Rate = . . n Expense Depreciation End of Year of Year End of Year 1 2 3 4 5 33 Method: Modied Accelerated Cost Recovery System Accumulate _ Depreciatio d Book Value Year Cost x Rate _ n Expense Depreciation End of Year End of Year Gymkhana A _'h 01 "s s- 57 58 59 Part 2: If the Dump Truck is sold for $120,000 at the end of year 3, what is the gainiloss under each of the three methods? Straignt Line Sun of Years' Digits Double Declining Balance Modied Accelerate d Cost Recovery Depreciatio n Book Value Selling Price GainlLoss

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