Practice Question 6 Normally, depletion expense is calculated using which allocation approach? The straight-line method. A diminishing-balance method. An activity-based method. None of the above; depletion expense uses a unique approach unlike any of these. Testbank Question 15 Spock Inc. exchanged merchandise that cost $19,000 and normally sold for $27,000 for a new delivery truck with a list price of $31,000. The delivery truck should be recorded on Spock's books at $19,000. $12,000. $31,000. $27,000