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Teddy's dellvery company bought a used truck at the beginning of the year at a cost of $ 6 , 5 7 0 . The
Teddy's dellvery company bought a used truck at the beginning of the year at a cost of $ The estimated useful life was years and the residual value was estimated to be $ Assume that the estimated productive life of the machine is miles.
Expected annual production annual miles driven is as follows:
Year miles
Year miles
Year miles
Required:
Complete a depreclation schedule for each of the alternative methods. Do not round intermediate calculations.
a StraightIine.
tableYeartableIncomeStatementBalance SheetDeptableiationnsetableAccDeptableIulatedciationBook ValueAt acquisition$$
b Activitybased.
tableYeartableIncomeStatementBalance SheetDestableiationnsetableAccDeptableiulatedgiationBool,ValueAt acquistion,,,,,,,$$$$
c Doubledecliningbalance.
tableYeartableIncomeStatementBalance SheettableDepreciationExpenseCost,tableAccumulatedDepreciationBook ValueAt acquisition,,,,
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