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please help!! thanks. Answer 913 based on Double Declining Balance 9. $ Year 2 depreciation expense 10.$ Accumulated depreciation for year 2 11. $ Book
please help!! thanks. Answer 913 based on Double Declining Balance 9. $ Year 2 depreciation expense 10.$ Accumulated depreciation for year 2 11. $ Book value at the end of year 2 12.$ Year 3 depreciation expense 13. $ Year 4 depreciation expense Answer 14 and 15 based on Activity based For the past three years the company used the truck as follows: 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 ? $ 16. $ During the first two years, the company drove the truck 103,000 in year 1 and 101,000 miles in year 2 , to deliver merchandise to its customers. The company originally purchased the truck for $175,000. If the truck has an estimated life of 5 years or 500,000 miles, with an estimated residual value of $40,000, what amount of depreciation expense should the company record in the second year using the activity-based method? 4. $ What amount should be recorded to the Building account? Use the following to answer questions 5-15 (Straight Line, Double declining balance and Activity Based) The company 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 5 years or about 400,000 miles
please help!! thanks.
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