On January 3, 2018, Quick Delivery Service purchased a truck at a cost of $67,000. Before placing the truck in service Quick spent $3,000 painting $800 replacing, and 3800 overhauling the angine The uk should remain in service for five years and have a residual value of $5,100. The truck's annual mileage is expected to be 20,000 miles in each of the first four years and 12,000 miles the 5th year-80 800 ms in total in deciding which depreciation method to Mach Halstrom, the general manager requests a depreciation schedule for each of the depreciation methods (straight line, units of production, and double-dedining balance) mech Read the Requirement 1. Prepare a deprecation schedule for each depreciation method, showing asset cost, depreciation expense, accumulated depreciation, and asset book value Begin by preparing a depreciation schedule using the straight line method Straight-Line Depreciation Schedule Depreciation for the Year Asse Depreciable Useful Data 1-3-2018 Cost Cast LIN Depreciation Accumulated Depreciation Valu Book 12-31-2018 W 12-31-2019 . . 12-31-2020 12-31-2021 12-31-2022