On January 3, 2018 Speedy Delivery Service purchased a truck at a cost of $67,000. Before placing the truck in service Speedy spent $3.000 painting t 1.200 replacing tires and $3.500 overing engine. The truck wo m anin service for five years and have a residual value of $5,100. The truck's annual age is expected to be 20.000 miles in each of the first four years and 2.000 mies in the thyo .800 is in deciding which conto use, Ales ver the general manager requests a depreciation schedule for each of the depreciation methods (straight-line, units of production and doubledecing balance Read the courts 0 Requirements 1. Prepare a depreciation schedule for each depreciation method, showing asset cost, depreciation expense, accumulated depreciation, and asset book value. 2. Speedy 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 Speedy uses the truck. Identify the depreciation method that meets the company's objectives Print Done