On January 1 , 2023 , McCabe Demolition , a Chilliwack , British Columbia , company specializing in blasting and removing buildings , purchased and took delivery of a new dump truck to add to its growing McCabe Demolition has a high - class reputation and uses only the best and newest equipment on its worksites The business spent $ 170,000 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 McCabe 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 220,000 kilometres 72,000 kilometres in Year 1 , 54,000 kilometres in each of Years 2 and 3 , and 40,000 kilometres in Year 4 there a problem with continuing to use the straight - line method