On January 1, 2020, Murray Demolition, a Hamilton, Ontario, company specializing

in blasting and removing buildings, purchased and took delivery of a new dump

truck to add to its growing fleet. Murray Demolition has a high-class reputation and

uses only the best and newest equipment on their worksites. The business spent

$140,000 plus HST on the truck, which is expected to be useful to the business for

four years, at which time it should be able to be sold for $60,000. Murray Demolition

has always used the straight-line basis of calculating amortization. The new

owners want to see the amortization schedules for the straight-line, UOP, and DDB

methods just to be sure this makes sense. The business expects the truck to be useful

for 200,000 kilometres60,000 kilometres in Year 1, 50,000 kilometres in each of

Years 2 and 3, and 40,000 kilometres in Year 4. Is there a problem with continuing

to use the straight-line method