Straight-Line Depreciation A small delivery truck was purchased on January 1 at a cost of $25,000. It has an estimated useful life of four years and an estimated salvage value of $5,000 Prepare a depreciation schedule showing the depreciation expense, accumulated depreciation, and book value for each year under the straight-line method. Small Delivery Truck Depreciation Schedule On January 1 Accumulated Depreciation (End of Year) Year Depreciable Cost x Rate (%) Depreciation Expense (End of Year) Book Value 25,000 2 Accounting numeric field 3