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On July 1, 2020 Headlands's Greenhouse purchased a new delivery truck for $70,000. Headlands estimates that the delivery truck will have a five year useful

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On July 1, 2020 Headlands's Greenhouse purchased a new delivery truck for $70,000. Headlands estimates that the delivery truck will have a five year useful life, or 157,500 kilometres, and a residual value of $7.000. Headlands's Greenhouse has a December 31 year end. Headlands drove the truck 12,000 km in 2020 and 32,000 km in 2021. Calculate depreciation expense using the straight-line method for 2020 and 2021. 2020 2021 Depreciation Expense $ $ Artiuata Windle Calculate depreciation expense using the double diminishing balance method for 2020 and 2021. 2020 2021 Depreciation Expense $ Calculate depreciation expense using the units of production method for 2020 and 2021. (Round depreciable amount per unit to 2 decimal places, eg, 5.27 and the final answers to decimal places, es 5,275.) 2020 2021 Depreciation Expense $ $ Activate Wind

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