Page 0f40 - ZOOM + Use the following to answer questions 5-15 (Straight Line, 180% declining balance and Activity Based) T Transport purchased a new semi-trailer truck for an acquisition cost of $250,000. The company estimates the truck will have a residual value of $50,000 when they are done using it at the end of 4 years or about 500,000 miles. Answer 5-8 based on Straight line depreciation Year 2 depreciation expense Book value at the end of year 2 Accumulated depreciation for year 3 _Book value at the end of year] Chapter 7 Page 7-1 Answer 9-13 based on 180% Declining Balance 9.5 10. $ 11.5 12.5 _ Year 2 depreciation expense _Accumulated depreciation for year 2 _Book value at the end of year 2 Year 3 depreciation expense Year 4 depreciation expense 13. $