Show your calculations in accurate and complete way as described below:

Note: you should use the straight line method, Double declining method, Units of activity method.

a-Using Straight line method:

1)Calculate Annual depreciation.

2)Prepare an annual depreciation (table), include all information to the 5 years, It consists of 6 columns with the date column, and explain how you get the salvage value at the end of the table.

b-Double declining method:

1)Prepare an annual depreciation (table), include all information to the 5 years, It consists of 6 columns with the date column, and explain how you get the salvage value at the end of the table.

c-Using Units of activity method:

1)What is the depreciation expense per unit(mile) ?

2)What is depreciation expense in year 1 ?

3)What is depreciation expense in year 2?

Exercise: Delivery truck purchased on January 1, 2010 a. Cost 13,000 b. Expected salvage value 1,000 c. Estimated useful life in years 5 d. Estimated useful life in miles 100,000 Answer this exercise using the three methods of calculating depreciation