Question 1 (10 points). Prepare a depreciation schedule for truck using the straight- line method for the first three years. Salvage Value Useful Life In Years Asset Acquired Cost Truck 1/1/2007 $75,000 $ 10,000 5 Question 2(10 points). Prepare a depreciation schedule for the car using the double- declining balance method for the first three years. Salvage Value Useful Life In Years Asset Acquired Cost Car /1/2008 S92,000 S 12,000