On January 1, 2024, Swifty Delivery Service purchased a truck at a cost of $80,000. Before placing the truck in service, Swifty spent $4,000 painting it, $800 replacing tires, and $7,200 overhauling the engine. The truck should remain in service for five years and have a residual value of $8,000. The truck's annual mileage is expected to be 30,000 miles in each of the first four years and 20,000 miles in the fifth year-140,000 miles in total. In deciding which depreciation method to use, Mitch Halstrom, the general manager, requests a depreciation 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 Schedule Asset Depreciable Depreciation for the Year Useful Date 1-1-2024 Cost Cost Life Depreciation Accumulated Expense Depreciation Book Value 12-31-2024 12-31-2025 12-31-2026 12-31-2027 12-31-2028 Before completing 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 expense per unit to two decimal places) Depreciation perunt Prepare a depreciation schedule using the units-of-production method. (Enter the depreciation per unit to two decimal places, $XXX)