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the deprecistion methods (straight Une, with-olproducion and double-decining balance) Pbad the rocurements Requierment 1, Fropare a degreciation scheduls for each deprecabon mehed, showing wset cost,

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the deprecistion methods (straight Une, with-olproducion and double-decining balance) Pbad the rocurements Requierment 1, Fropare a degreciation scheduls for each deprecabon mehed, showing wset cost, deprecator expesse acourmulated ifopreciution, and assot book vatue Begin by preparing a depreoaton schedule using the utraght-the method: Requirements 1. Prepare a depreciation schedule for each depreciation method, showing asset cost, depreciation expenso, accumulated depreciation, and assot book value. 2. On Time prepares financial statements using the depreciation method that reports the highest not incomo in the early yoars of asset use. Consider the first yoar that On Time uses the truck. Identify the depreciation method that meets the companys objectivos

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