On January 2 2018. Trusty Delivery Service purchased a truck at a cost of $65.000 Before placing the truck in vice Trusty pont 52,200 paintings replacing fires and 511 500 eventing the engine expected to be 23.000 miles in each of the first four years and 13.000 miles in the thyer-105,000 wies in total In deciding which depreciation method to Steven Kid the general manager request double de dining balance) Read the tracements Requirement 1. Prepare a deprecation schedule for each depreciation method, showing used cont deposcullen expense, commutated depreciation and it took van Begin by preparing a depreciation schedule using the straight line method Straight Line Depreciation Schedule Depreciation for the Year Asset Depreciable Useful Depreciation Accumulated Book Date Cost Cost Life Expense Depreciation Value 1-2-2018 12.31-2018 12-31-2019 1231-220 12-31 2021 12-31-2022 Before completing the units of production depreciation schedule, calculate the depreciation expone per unit. Select the formula then enter the amounts and calculate the depreciation experie per unit (Round die 1 Depreciation per unit Question 1 ep 9 2.200 painting it. 5800 replacing tires, and 511 500 overhauling the engine. The truck should remain in service for five years and hardloos of 6.000. The truck's alleges predation method to use Steven Kiltridge, the general manager requests a depreciation schedule for each of the depreciation methods (traight of production and od depreciation, and asset book value n enter the amounts and calculate the depreciation expense per unit. (Round depreciation expense per unit to two decimal places) D ) On January 2, 2018, Trusty Delivery Service purchased a truck at a cost of $65,000. Before placing the truck in service, Tn expected to be 23,000 miles in each of the first four years and 13,000 miles in the fifth year105,000 miles in total. In dec double-declining-balance) Read the requirements Units-of-Production Depreciation Schedule Depreciation for the Year Asset Depreciation Number of Depreciation Accumulated Date Cost Per Unit Units Expense Depreciation 1-2-2018 Book Value 1231-2018 X 11 12-31-2019 12-31-2020 X 111 12-31-2021 2 12-31-2022 Il 11 Prepare a depreciation schedule using the double-declining-balance (DDB) method (Round depreciation expense to the ne Double-Declining-Balance Depreciation Schedule Depreciation for the Year Asset Book DDB Depreciation Accumulated Book Date Cost Value Rate Expense Depreciation Value 1-2-2018 12-31-2018 12-31-2019 12-31-2020 12-31-2021 12-31-2022 Requirement 2. Trusty prepares financial statements using the depreciation method that reports the highest net income in t The depreciation method that reports the highest net income in the first year is the method. It pro Choose from any list or enter any number in the input fields and then continue to the next question a thod (Round depreciation expense to the nearest while dollar) ion Accumulated Depreciation Book Value thod that reports the highest net income in the early years of asset use. Consider the fest year that Trasty uses the truck Identify the depreciation method that meets the company's objectives method. It produces the depreciation expense and therefore the highest net income me to the next