i Requirements 1. Prepare a depreciation schedule for each depreciation method, showing asset cost, depreciation expense, accumulated depreciation, and asset book value. 2. Brisk prepares financial statements using the depreciation method that reports the highest net income in the early years of asset use. Consider the first year that Brisk uses the truck. Identify the depreciation method that meets the company's objectives. Print Done On January 1, 2018 Brisk Delivery Service purchased a truck at a cost of $75.000 Before placing the truck ve Brike t 4000 $1500 replacing tres, and $7.500 overhauling the engine The truck should remain in service for live you have re a l of $10,000. There's annual milage is expected to be 27 000 of the four years and 12.000 miles in the year 20000 miles in total in deciding which depreciation method to use Mich Haltro the general manager requests direction schedule for each of the depreciation methods straight line unts of production, and doubledecing boce Read the Requirement 1. Prepare a depreciation schedule for each depreciation method, showing a cost, depreciation expense, accumulated depreciation, and asset book value Begin by preparing a depreciation schedule using the w i ne method Straight-Line Depreciation Schedule Depreciation for the Year Asset Depreciable Useful Depreciation Accumulated C Expanse Depreciation Value 1.1.2018 12.31.2018 12-31 2010 3100 12.01.2001 12.31.3092 a t the Greciation exp Before completing the units of production on wh depreciation des per un to decals) Set them then enter the amounts and the decisione per unit Round Choose from anyo ne the incuted and then continue to the questo On January 1, 2018 Delivery Service product cost of 000 orang the truck in versken 4000 1500 grsand S7500 veg the engine The truck should remain in service for five years and have a result of $10.000 The truck's mileage is expected to be 27.000 ch of the f our years and 12.000 in the thyr120.000 miles in total in deciding which depreciation methods Halstrom the general manager requests a depreciation schedule forch of the direction methods in its of production and double declining balance Read the Before completing the units of production erection schedule the depreciation expensep Select the formula, then enter the amounts and calculate the depreciation expense per unit (Round depreciation sense per unit to wo decimal places) ) Prepare a depreciation schedule using the units of production method. (Enter the depreciation de Units-of-Production Depreciation Schedule Depreciation for the Year Asset Depreciation Depreciation Per Unit Number of Units Date Cost 1.1.2018 12-01-2018 12-31 2010 12-31 2000 12312021 12-31-2002 Choose from any at or enter any number in the hout folds and then continue to the next ques c o On January 1, 2018. Brick Delivery Service purchased a truc truck should remain in service for five years and her miles in total in deciding which depreciation method to use M double-declining balance Read the 75.000 Bercing the truck in at 4000 $1500 replacing trend S7500 over the engine. The of $10.000. There's annullage is expected to be 27.000 inch of the first four years and 12.000 me t h ya120.000 r the general manager, og depreciation schedule for each of the creation methods straighine, units of production, and a Prepare a depreciation schedule using the double declining balance (03) method (Rourd depreciation expense to the nearest whole dollar) Double-Declining Balance Depreciation Schedule Depreciation for the Year Asset Book DOO Depreciation Accumulated Date Cost Expense Depreciation Value 1.1.2018 12-31-2018 12-31.2010 12-31 2000 12-31-2001 231.2022 Requirement 2. Brisk prepares financial statements using the depreciation method that reports the highest net income in the early years of assets. Consider the first year that Brisk uses the truck. Identify the depreciation method that meets the company's objectives The depreciation method that reports the highest et income in the first year is the roduces the depreciation expense and therefore the Night et income Choose from any list or enter any number in the input fields and then continue to the next