Question 02 20 points Consider Following Information: Cost Expected Salvage value Estimated useful life in years Estimated useful life in miles Date of purchase 165000 5000 5 200000 41000 Years 2012 2013 2014 Miles Used 55000 30000 40000 Years 2015 2016 Miles Used 50000 25000 REQUIREMENTS: 1. Prepare depreciation schedules for the following methods: (a) Straight Line (b) Units of activity, and (c) declining balance using double the straight-line rate. 2. Provide journal entry for the year 2015 and 2016 and show how the truck would be reported in the December 31, 2013, balance sheet using all three methods