Raptor Construction purchases a truck for $42,000 on January 1st, 2016. Raptor Construction estimates that the truck will last 10 years and have a salvage value of $2,000.Round all answers to the nearest dollar and use the following number format: 12345. No commas, no dollar signs.

Usingdouble-declining-balance methodfordepreciation, calculate thedepreciation expensefor the2017. Note that this is thesecond yearof operation.

Using thedouble-declining-balancemethod for depreciation, calculate thebookvalueof the machinery at the end of 2017 (December 31, 2017). Note that this is after thesecond yearof operation.

Raptor Construction purchases a truck for $42,000 on January 1\