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Haliburton Bakery acquires a delivery truck for $ 8 0 0 0 0 and anticipates using it for eight years, at which time it will

Haliburton
Bakery acquires a delivery truck for $ 80000
and anticipates using it for eight years, at which time it will have logged500,000 kilometres. Currently, market conditions suggest that a used truck with500,000 kilometres on the odometer sells for $ 5000
.
The company anticipates using the truck for about the same amount each year and therefore believes that the straight-line method is appropriate. After using and depreciating the truck for three years, management believes that the truck will remain useful for a total of 10 years, after which the residual value will be $ 1500.Compute the amount of depreciation in the third and fourth years.
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