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guestion y (12 points) Alpha Company has the following items in its equipment account: Method of Depreciation Asset & Date Purchased Cost Salvage Value Unit

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guestion y (12 points) Alpha Company has the following items in its equipment account: Method of Depreciation Asset & Date Purchased Cost Salvage Value Unit of Activity $60,000 1. Delivery Truck (4/30/15) 2. Office Furniture (6/1/15) 3. Computer (4/1/15) 11,000 Straight Line $15,000 $300 Double Declining $5,000 $700 The delivery truck is estimated to have a life cycle of 200,000 miles. It was driven for 1.16,500 miles in 2015 &24,600 miles in 2016 2. The Office Furniture has a life expectancy of 7 years 3. The Computer has a life expectancy of 4 years. Round any per unit calculations to the nearest half penny, Round all annual depreciation expenses to the nearest dollar: Use this information to compute for Fiscal Year 2016 the following values: 1. Book Value of the Delivery Truck 2. Depreciation Expense - Truck

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