On July 1, 2020, Molly's Greenhouse purchased a new delivery truck for $89,000. She paid a $20,000 cash and signed a promissory note for the remainder. Molly estimates that the delivery truck will have a five-year useful life, or 160,000 kilometres and a residual value of $9,000. Molly's Greenhouse has a December 31 year end. Molly drove the truck 16,000 km in 2020; 45,000 km in 2021; 47,000 in 2022; 44,000 in 2023, and 9,000 in 2024. (a) Prepare depreciation schedules for the life of the asset under the following depreciation methods: 1. straight-line method 2. double-diminishing-balance, and 3. units-of-production method (Round depreciable amount per unit to 2 decimal places, e.g. 5.27 and the final answers to 0 decimal places, e.g. 5,276.) 1. STRAIGHT-LINE METHOD Depreciable Depreciation Fraction Depreciation 1. STRAIGHT-LINE METHOD Depreciable Amount Depreciation Rate Fraction of a Year Depreciation Expense Year Truck 2020 $ % 6/12 $ 2021 % 2022 % 2023 % 2024 % 2025 % 6/12 1. STRAIGHT-LINE METHOD End of Year Fraction of a Year Depreciation Expense Accumulated Depreciation Carrying Amount $ % 6/12 $ $ % % % % % 6/12 2. DOUBLE-DIMINISHING-BALANCE METHOD Depreciable Amount Depreciation Rate Fraction of a Year Depreciation Expense Year = Vehicles 2020 $ % 6/12 $ 2021 % 2022 % 2023 % 2024 % 2025 % 6/12 2. DOUBLE-DIMINISHING-BALANCE METHOD End of Year X Fraction of a Year Depreciation Expense Accumulated Depreciation Carrying Amount = $ % 6/12 $ $ % % % % - % 6/12 3. UNITS-OF-PRODUCTION METHOD No. of Units Depreciation Amt/Unit Depreciation Expense Accui Depr Year Vehicles 2020 $ $ 2021 2022 2023 2024 3. UNITS-OF-PRODUCTION METHOD End of Year Depreciation Amt/Unit Depreciation Expense Accumulated Depreciation Carrying Amount $ $ $