On January 1, 2012, AB Ltd buys a truck for $42,000 cash. It has estimated residual value of $2,000, and an estimated life of 4 years, or 200,000 miles. The truck drove 40,000 miles in 2012, 60,000 miles in 2013, 80,000 miles in 2014, and 20,000 miles in 2015 Required: 1. Assuming the company uses the straight-line method of deprecation complete the following table and show your computation/workings for the annual depreciation expense. Date Book Asset Cost Depreciation Accumulated Net Expense Depreciation Value 42,000 42.000 1.1.2012 12.31 2012 12.31.2013 12.31.2014 12 31 2015 the diction method of annecation 2. Assuming the company uses the units-of-production method of deprecation complete the following table and show your computation/workings for the figures shown as the annual depreciation expense. Date Asset Cost Depreciation Accumulated Net Book Expense Depreciation Value 1.1.2012 42,000 42,000 12.31.2012 12.31.2013 12.31.2014 12.31.2015 3. Assuming the company uses the Double-declining balance method of deprecation complete the following table and show your computation/workings for the figures shown as the annual depreciation expense. Asset Cost Depreciation Accumulated Net Book Expense Depreciation Value Date 1.1.2012 12.31.2012 12.31.2013 12.31.2014