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Suppose that Ivanhoe purchased a truck for $ 7 2 , 6 0 0 . The company expected the truck to last four years or

Suppose that Ivanhoe purchased a truck for $72,600. The company expected the truck to last four years or 110,000 miles, with an
estimated residual value of $8,800 at the end of that time. During the second year, the truck was driven 29,700 miles. Compute the
depreciation for the second year under each of the methods below and place your answers in the blanks provided. (Round depreciation
rate per unit to 3 decimal places, e.g.15.253 and final answers to 0 decimal places, e.g.5,125.)
Units-of-activity
$
Double-declining-balance
$Suppose that Ivanhoe purchased a truck for $72,600. The company expected the truck to last four years or 110,000 miles, with an
estimated residual value of $8,800 at the end of that time. During the second year, the truck was driven 29,700 miles. Compute the
depreciation for the second year under each of the methods below and place your answers in the blanks provided. (Round depreciation
rate per unit to 3 decimal places, e.g.15.253 and final answers to 0 decimal places, e.g.5,125.)
Units-of-activity
Double-declining-balance
$
$
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