On January 3, 2024, Rapid Delivery Service purchased a truck at a cost of $100,000. Before placing the truck in service, Rapid spent $3,000 painting at $600 replacing tires, and $10,400 overhanding the engine The truck should remain in service for five years and have a residual value of $12,000. The truck's annual mileage is expected to be 32.000 miles in each of the first four years and 8,000 miles in the 6th year-136,000 miles in total in deciding which depreciation method to use, Andy Sargeant, 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 Requirement 1. Prepare a depreciation 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 Date 13-2024 12-31-2024 12-31-2025 12-31-2026 Asset Cost Depreciable Cost Useful Life Depreciation Accumulated Book Expense Depreciation Value