Use the following to answer questions 5-15 (Straight Line, 180% declining balance and Activity Based) T Transport 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 4 years or about 500,000 miles. Answer 5 - 8 based on Straight line depreciation 5. S 6. S 7.S 8.S Year 2 depreciation expense Book value at the end of year 2 Accumulated depreciation for year 3 Book value at the end of year 3 Answer 9-13 based on 180% Declining Balance 9.S 10. S 11. S 12. S 13. S Year 2 depreciation expense Accumulated depreciation for year 2 Book value at the end of year 2 Year 3 depreciation expense Year 4 depreciation expense Answer 14 and 15 based on Activity based T Transport used the truck as follows: INNO 14. Under activity based depreciation; what is the amount of depreciation expense they would have recorded for year 3? $ 15. Under activity based depreciation; what is the book value at the end of year 3? S