On January 3, 2016, Swity Delivery Service purchased a truck at a cost of $75.000. Before placing the truck in service, Swity spent $3.000 painting . $500 replacing tires, and $0.500 overhauling the engine The truck should remain in service for five years and have a residual value of $10.000. The truck's annual mileage is expected to be 27.000 miles in each of the first four years and 12,000 miles in the fifth year-120.000 miles in total in deciding which depreciation method to use, Cart Thomas, 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 Date Cost Par Unit Units Expense Depreciation Value 1-3-2016 88,000 S 000 12-31-2016 $ 6.66 x 27.000 $ 12-31-2017 0.65 27000- 17.550 $ 17.500 17.550 70,450 35.100 02.000 des 12-31-2018 27.000- 17.550 52050 35,300 12-01-2019 0.05 27.000 17,500 20,200 17.800 12-31-2020 0.05 x 12.000 7,000 78,000 10,000 Prepare a depreciation schedule using the double-dedining-balance (D00) method. (Round depreciation expense to the net whole do Double-Declining Balance Depreciation Schedule Depreciation for the Year Assel Book Date Cost Value 1-3-2016 000 12-31-2010 12-31-2017 12-31-2016 12-31-2019 12-01-2020 COB Rate x " . Depreciation Accumulated Book Depreciation Value Help me solve this Demodocs example Get more help Clear all Check answer