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help please Depreciation for Partial Periods Bar Deliven Company purchased a new delivery truck for $45,000 on Aprit 1, 2016. The truck is expected to
help please
Depreciation for Partial Periods Bar Deliven Company purchased a new delivery truck for $45,000 on Aprit 1, 2016. The truck is expected to have a service life of 5 years or 94,800 miles and a residual value of $5,520. The truck was driven 9,500 miles in 2016 and 11,700 miles in 2017 . Bar computes depreclation to the nearest whole month. Required: 1. Compute depreciation expense for 2016 and 2017 using the following methods: (Round your final answers to the nearest dellar.) a. Straight-line method c. Double-declining-balance method 20162017$$ d. Activity method 20162017$$ For each method, what is the book val (Round your answers to the nearest do a. Straight-line method 20162017$$ b. Sum-of-the-years'-digits method 20162017$$ c. Double-declining-balance method 20162017$$ Step by Step Solution
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