Page Use the following to answer questions 5-15 (Straight Line, 180% dedining balance and Activity Based) R Transport purchased a new semi-trailer truck for an acquisition cost of $300,000. The company estimates the truck will have a residual value of $50,000 when they are done using it at the end of 5 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 3 Chapter 7 Page 7-1 Answer 9 - 13 based on 180% Declining Balance Answer 9-13 based on 180% Declining Balance 9. $ 10. $ 11.$_ 12. $ 13. $ Year 2 depreciation expense __Accumulated depreciation for year 2 Book value at the end of year 2 _Year 3 depreciation expense (two decimal places) Year 4 depreciation expense (round to 2 decimal places) Answer 14 and 15 based on Activity based T Transport used the truck as follows: Year 2 Activity (miles) 108,000 103.000 100,000 97,000 92.000 14. Under activity based depreciation; what is the amount of depreciation expense they would have recorded for year 3? $ 15. Under activity based depreciation; what is the book value at the end of year 3? S