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Small Delivery truck Purchased by Bills Pizzas on January 1, 2004 Cost $ 13,000 Expected Salvage Value 1,000 Estimated useful life (in Years) 5 Estimated

Small Delivery truck Purchased by Bills Pizzas on January 1, 2004

Cost $ 13,000

Expected Salvage Value 1,000

Estimated useful life (in Years) 5

Estimated useful life (in Miles) 100,000

Required

a- Computing depreciation under straight-line depreciation Methods. (Show the detail calculation for each year)

b- Computing depreciation under Double-Declining Balance Depreciation (Show the detail calculation for each year)

c- Computing depreciation under Units-of-Activity assuming (Show the detail calculation for each year)

In 2004 15,000 miles.

In 2005 30,000 miles.

In 2006 20,000 miles.

In 2007 25,000 miles.

In 2008 10,000 miles

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