Use the following to answer questions 5-15 (Straight Line, 150% dedining balance and Activity Based) T Transport purchased a new semi-trailer truck for an acquisition cost of $500,000. The company estimates the truck will have a residual value of $45,000 when they are done using it at the end of 6 years or about 500,000 miles. Answer 5-8 based on Straight line depreciation 5. $ 6. $ Year 2 depreciation expense (rounded to nearest dollar) Book value at the end of year 2 (rounded to nearest dollar) Accumulated depreciation for year 3 Book value at the end of year 3 7.$ 8. $ Answer 9 - 13 based on 150% Declining Balance 9. $ 10. $ 11. $ Year 2 depreciation expense Accumulated depreciation for year 2 _Book value at the end of year 2 Year 3 depreciation expense (round to nearest dollar) Year 4 depreciation expense (round to nearest dollar) 12. $ 13. $ Answer 14 and 15 based on Activity based I Transport used the truck as follows: Year Activity (miles) 1 85,000 2 89,000 3 84,000 4 79,000 5 80,000 6 83,000 14. Under activity based depreciation; what is the amount of depreciation expense they would have recorded for year 3? S 15. Under activity based depreciation; what is the book value at the end of year 3? $