On January 3, 2016. Speedway Desery Service purchased a buck at a cost of $60,000 Bore placing the wine, podway spent $2,200 painting 1.300 placing time and $3.600 vrting the argne The should remain service for five years and have a result of 8,000 The annual mileage is expected to be 39,000 miles in each of the first four year 20000 in the 140.000 incl. in deciding weich depreciation method to to Mia Johnson, the great mange mesta derecon schedule for each of the depreciation methode (right of production, and double doing bulance) Read the moments Requirement par depreciation schedule for each com, wwe depreciation expense accurate agreciation, DC Ben by og depreciation chedule ang the line muhod Straight-Line Depreciation Schedule Depreciation for the Year At Depreciable Use Depreciation Accumulated Date Cast Cont Lite Expense Depreciation Value 13-2018 12-31-2010 12.1.2015 12-31-2020 12-31-2021 12-31-2022 WW 1 Requirements Hu sil 1. Prepare a depreciation schedule for each depreciation method, showing asset cost, depreciation expense, accumulated depreciation, and asset book value. 2. Speedway prepares financial statements using the depreciation method that reports the highest net income in the early years of asset use. Consider the first year that Speedway uses the truck. Identify the depreciation method that meets the company's objectives ep Print Done