Quy On January 3, 2018. On Time Delivery Service purchased a truck cost of $75.000 Before placing the truck in service On Times $2.200 painting it 5800 replacing 51000 white remain in service for llw years and have a residual value of $10 000. The truck's annual expected to be 21.000 miles each of the first four years and 12.000 miles in the 120.000 de which depreciation method to Jordan Lirik, the general managers a depreciation schedule for each of the depreciation methods haighine, groddion and being a Read the Requirement 1. Prepare a depreciation schedule for each depreciation method showing as con dopreciation expedition and took Begin by preparing a depreciation schedule using the straight-and method Straight Line Depreciation Schedude Depreciation for the Year As Depreciable Usul Depreciation Accomited DE Cos Cout Depreciation Value 93010 13:31 12-01-2019 12:31 000 1201023 Coordonator andere routes and reconnue to the son Ducion and doub Requirements 1. Prepare a depreciation schedule for each depreciation method, showing asset cost depreciation expense, accumulated depreciation and asset book value 2. On Time prepares financial statements using the depreciation method that reports the highest net income in the early years of asset use Consider the first year that On Time uses the truck Identify the depreciation method that meets the company's objectives Print Done Input Melds and then continue to the next