Question 3 of 10 - 121 View Policies E Current Attempt in Progress On July 1, 2020, Molly's Greenhouse purchased a new delivery truck for $65,000. She paid a $20,000 cash and signed a promissory note for the remainder. Molly estimates that the delivery truck will have a five-year useful life, or 200.000 kilometres and a residual value of $5,000. Molly's Greenhouse has a December 31 year end. Molly drove the truck 16,000 km in 2020; 45,000 km in 2021; 47,000 in 2022; 44,000 in 2023, and 49,000 in 2024. (a) Prepare depreciation schedules for the life of the asset under the following depreciation methods: 1. straight-line method 2. double-diminishing-balance, and 3. units-of-production method earch O O 30 1. Financial Markets Tr... 18db2c1#/question/2 > rk Paus: estion 3 of 10 -/21 Year Depreciadie Amount Depreciation Rate TraCLIOTT x of a Year vepreciation Expense Truck 2020 $ % 6/12 $ 2021 % 2022 % 2023 % 2024 % 2025 % OS 6/12 Prepare depreciation schedules for the life of the asset under the following depreciation methods: straight-line method 2. double-diminishing-balance, and units-of-production method (Round depreciable amount per unit to 2 decimal places, eg. 5.27 and the final answers to 0 decimal places, eg: 5.276.) 1. STRAIGHT-LINE METHOD ork uestion 3 of 10 -121 2. DOUBLE-DIMINISHING-BALANCE METHOD Depreciable Amount Year Depreciation Rate Fraction of a Year Depreciation Expense Vehicles 2020 $ % 6/12 $ 2021 % 2022 % 2023 96 2024 % stion 3 of 10