On January 1, 2004, Fast Delivery Service purchased a truck at a cost of $62.000. Before placing the truck in service. Fast spent $2.500 painting it. $500 replacing tres, and $5,000 overhauling the engine. The truck should remain in service for 1have a residual value of $5,000. The truck's annual mileage is expected to be 25.000 miles in each of the first four years and 18,000 miles in the fifth year-130.0 tot in deading which depreciation method to se general manager, requests a depreciation schedule for each of the depreciation methods (twight-t unts of production and double-derdining-balan Read Requirement 1. Prepare a depreciation schedule for each depreciation method, showing asset cost, depreciation expense, accumulated depreciation, and asset book value Begn by preparing a depreciation schedule using the straight-line method Straight-Line Depreciation Schedule Date 1-1-2024 12-31-2004 12-01-2025 12-31-2020 12-31-2027 Depreciation for the Year Cost Depreciable Cost Useful Life Depreciation Accumulated Expense Depreciation Book Value . . 12-31-2008 Before mpleting the units-of-production depreciation schedule, calculate the depreciation expense per unit. Select the formula, then enter the amounts and calculate the depreciation expense per unit (Round depreciation exper two decimal places) Depreciation p