On October 1, 2022, LinsayLin business purchased a delivery truck for $45,000. It is estimated that the truck will be driven 320,000km during a five-year period, after which it will be sold for $5,000. The truck was driven 30,000km in 2022 . The year end of the company id December 31 . Therefore the truck was only used 3 months in the year 2022. Assume truck was ysed for the entire 12 months in 2023. Calculate a. depreciation for 2022 using the straight-line method. b. depreciation for 2022 using the double-diminishing balance method. c. depreciation for 2023 using the double-diminishing balance method. d. depreciation for 2022 using the units-of-production method. For the toolbar, press ALT+F10(PC) or ALT+FN+F10 (Mac). a. Cost of truck - Estimated salvage value / Estimated useful life =($45,000$5,000)/5 years =$8,000 per year Click Save and Submit to save Save All Answers to save all answers. Take Test: Practice Midterm 2 Assignment Using a perpetual inventory system, calculate the costs to be assigned to the ending inventory and to goods sold under: a. Average cost b. FIFO