On January 2, 2018, Nimble Delivery Service purchased a truck at a cost of $65,000. Before placing the truck in service, Nimble spent $2,500 painting it, $1,700 replacing tires, and $10,300 overhauling the engine. The truck should remain in service for five years and have a residual value of $6,000. The truck's annual mileage is expected to be 23,000 miles in each of the first four years and 13,000 miles in the fifth year-105,000 miles in total. In deciding which depreciation method to use, Jacob Nealy, 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. Asset Date Cost Depreciable Cost Useful Life Depreciation Accumulated Book Expense Depreciation Value 1-2-2018 $ 79,500 $ 79,500 12-31-2018 73,500- 5 years 14,700 $ 14,700 64,800 12-31-2019 73,500+ 5 years 14,700 29,400 50,100 12-31-2020 73,500 + 5 years 14,700 44,100 35,400 12-31-2021 73,500+ 5 years 14,700 58,800 20,700 12-31-2022 73,500+ 5 years 14,700 73,500 6,000 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.) Cost 79,500 Residual value 6,000 Useful life in units 105,000 Depreciation per unit 0.70 Prepare a depreciation schedule using the units-of-production method. (Enter the depreciation per unit to two decimal places, SX.XX.)