Part 1] Refer to Exhibit A. prepare the journal entry to record the depreciation expense in 201:5r to 2017'r if MEAT uses the unitsofproduction method to determine depreciation. Part 2} Refer to Exhibit A. prepare the journal entry to record the depreciation expense in 2010 and 201? and sales of the truck if MBA T uses the doubledeclining balance method to determine depreciation and sold the truck on April 30'11 201? for; a. Sold the truck for $5,531 cash b. Sold the truck for $10,000 cash c. Sold the truck for $0,000on account. Part 3) Refer to the Exhibit A and the following information: 1. MBA T uses straightline method of depreciation, 2. On May 1. 2015 a new canopy was installed onto the truck at a cost of $5,000, 3. The useful life was changed from four years to six years after installation of the new canopy, and 4. The estimated residual value was changed from $4,000 to $6,000 Prepare the following journal entries: 1- Prepare the journal entry to record the expenditure on the canopy for cash on May 1"" 2015. 2. Prepare the journal entry to record the depreciation expense for year 2015. 3. Close the depreciation expense account on December 31, 2015. Part 4] with reference to your solutions for part 1, part 2, and part 3. please answer to the following. i) 1llll'hat method of depreciation will suit MBA Transportation? ii} Briey and in prim Justify your answer for (i) above