On January 1, 20x1, Stoneheart company purchased a delivery truck. Its cost was $75,000 and was estimated to remain in service for 5 years or 500,000 miles. Its estimated salvage value was $10,000. The delivery truck was driven 50,000 miles during 20x1; 150,000 miles during 20x2; 100,000 miles during 20x3, 120,000 miles during 20x4; and 80,000 miles during 20x5. At the end of 20x5, the delivery truck was sold for $15,000. Prepare depreciation schedules over the entire useful life using SL, UOP and DDB methods and answer the following questions. (20 pts)

A. Assume the company used the Straight-line method.

1) Complete the following depreciation schedule. Do not show any calculations. For EACH calculation, round to the NEAREST dollar. (2.5 pts)

Date	Depreciation expense	Accumulated depreciation	BV
12/31/20x1
12/31/20x2
12/31/20x3
12/31/20x4
12/31/20x5

2) Show your calculations AND explanation for the depreciation expense, accumulated depreciation and BV in 12/31/20x3 and 12/31/20x4. (2.5 pts)

	12/31/20x3	12/31/20x4
Depreciation expense
Accumulated depreciation
BV

B. Assume the company used the Units-of-production method.

1) Complete the following depreciation schedule. Do not show any calculations. For EACH calculation, round to the NEAREST dollar. (2.5 pts)

Date	Miles driven	Depreciation expense	Accumulated depreciation	BV
12/31/20x1
12/31/20x2
12/31/20x3
12/31/20x4
12/31/20x5

2) Show your calculations AND explanation for the depreciation expense, accumulated depreciation and BV in 12/31/20x3 and 12/31/20x4. (2.5 pts)

	12/31/20x3	12/31/20x4
Depreciation expense
Accumulated depreciation
BV

C. Assume the company used the Double-Declining-Balance method.

1) Complete the following depreciation schedule. Do not show any calculations. For EACH calculation, round to the NEAREST dollar. (5 pts)

Date	BV (beginning)	Depreciation expense	Accumulated depreciation	BV (ending)
12/31/20x1
12/31/20x2
12/31/20x3
12/31/20x4
12/31/20x5

2) Show your calculations AND explanation for the depreciation expense, accumulated depreciation and BV in 12/31/20x3 and 12/31/20x4. (5 pts)

	12/31/20x3	12/31/20x4
Depreciation expense
Accumulated depreciation
BV (ending)