Jackal Energy purchased a transport truck on January 1, 2020, for $328.800 cash. Its estimated useful life is five years or 340,000 kilometres with an estimated residual value of $53.400 Required: Calculate depreciation expense for the year ended December 31, 2020, using each of the following methods: (Do not round Intermediate calculations.) o. Straight line b. Double-declining balance c. Units-of-production (assume 32,000 kilometres were actually driven in 2020). Depreciation Expense a. Method Straight-line Double-declining balance Units-of-production b Analysis component: Which depreciation method will produce the highest profit for Jackal in 2020? Highest profit in 2020