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help with accounting please! 5 points A truck cost $16,500 with a residual value of $1,500. It has an estimated useful life of 5 years.

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5 points A truck cost $16,500 with a residual value of $1,500. It has an estimated useful life of 5 years. If the truck was bought on July 3, what would be the book value at the end of year 1 (use straight-line depreciation)? 1) $12,000 2) $13,500 3) $15,000 4) $14,000 Save Question 15 (5 points) 5 points ABC Electrical Company depreciates its trucks using the units-of-production method. The cost of its new truck was $24,600, the useful life is 125,000 miles, and the trade-in value is $5,250. What is the depreciation expense per mile (to three decimal places)? 1) $0.155 2) $0.165 3) S0.145 4) S0 215 Save Question 16 (5 points) 5 points A truck cost $16,500 with a residual value of $1,500. It has a estimated useful life of 5 years. Using the double declining balance depreciation method, how much depreciation would be taken in the first full year? 1) $3.300 2) 55.500 3) 56.000 4) $6.500

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