The company purchased a new semi trailer truck for an acquisition cost of 250,000. The company estimates the truck will have a residual value of 50,000 when they are done using it at the end of 5 years, or about 400,000 miles.

ANSWER THE QUESTIONS FROM IMAGE BELOW. (Double Declining Balance)

Answer 9-13 based on Double Declining Balance 9. $ Year 2 depreciation expense 10. $ Accumulated depreciation for year 2 11. $ Book value at the end of year 2 12. $ Year 3 depreciation expense 13. $ Year 4 depreciation expense