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Sanaryaw.cod Trong purchased a used Kenworth truck at a cost of 536.000 Advanced Trucking pocs com 62.500 mund that 000 Acres diven 82.500 miles the

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Sanaryaw.cod Trong purchased a used Kenworth truck at a cost of 536.000 Advanced Trucking pocs com 62.500 mund that 000 Acres diven 82.500 miles the first year and 167.875 The second year Requirement 1. Compute Advanced Tracking's first-year depreciation expense on the truck using (a) Sight b) Unts of production and Doubledecinin bu Start by selecting the formulas needed to compute annual depreciation under each of the three methods (Cost Residus valo) /Useful life in yours Straight be depreciation Cos Residus value) Usalutem mesx Mies driven Units of production depreciation Book Value 11s Wein years)x21 Doubledecining blanco depreciation a. Compute Advanced Trucking's first year depreciation expense on the truck using the straightene method Furst year depreciation on the truck using the straight line method is 5 4625 b Campubo Advanced Trucking's test year depreciation expenso on the truck using the units of production method cround the sepiociation per unit to the mariest cont and round your feet awer to tu neservist juhole cher) First year depreciation on the truck using the units of production method in s 12.950 c Compute Advanced Trucking's first year depreciation expense on the truck using the doubledecining balance method (Round the double deciring depreciation to two decites and to First your depreciation on the track using the double declining balance methods Requirement 2. Show the truck's book value at the end of the test year under the straight line method Select the formula and then the amounts to calculate the book value the end of the first year using the straight line method Book 9.500

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