On July 1, 2020 Pearls Greenhouse purchased a new delivery truck for $ 70,000. Pearl estimates that the delivery truck will have a five-year useful life, or 157,500 kilometres, and a residual value of $ 7,000. Pearls Greenhouse has a December 31 year end. Pearl 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

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, e.g. 5.27 and the final answers to 0 decimal places, e.g. 5,275.)

		2020	2021
Depreciation Expense		$