On January 1, 2018, Quick Delivery Service purchased a truck at a cost of $90,000. Before placing the truck in service, Quick spent $2,200 painting it, $500 replacing tires, and $6,300 overhauling the engine. The truck should remain in service for five years and have a residual value of $9,000. The truck's annual mileage is expected to be 21,000 miles in each of the first four years and 16,000 miles in the fifth year-100,000 miles in total. In deciding which depreciation method to use, Carl Thomas, the general manager, requests a deepreciation schedule for each of the depreciation methods (straight-line, units-of-production, and double-declining-balance) Read the requirements. Requirement 1. Prepare a depreciation schedule for each depreciation method, showing asset cost, depreciation expense, accumulated depreciation, and asset book value Begin by preparing a depreciation schedule using the straight-line method. Straight-Line Depreciation Schedu le Depreciation for the Year Accumulated Asset Depreciable Useful Depreciation ook Date Cost Cost Life Expense Depreciation Value 1-1-2018 12-31-2018 / 12-31-2019 / 12-31-2020 12-31-2021 12-31-2022