Use the following to answer questions 5-15 (Straight Line, Double declining balance, and Activity Based) T Transport purchased a new semi-trailer truck for an acquisition cost of $470,000. 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 5-8 based on Straight line depreciation 5. $ Year 2 depreciation expense (rounded to nearest dollar) 6. $ Book value at the end of year 2 (rounded to nearest dollar) 7. $ Accumulated depreciation for year 8. $ Book value at the end of year 3 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 (round to nearest dollar) 13. $. Year 4 depreciation expense (round to nearest dollar) Answer 14 and 15 based on Activity based T Transport used the truck as follows: Year 1 2 Activity (miles) 83,000 80,000 78,000 79,000 80,000 3 4 5 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? $