Use the following to answer questions 5-15 (Straight Line, Double declining balance and Activity Based) 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 58 based on Straight line depreciation 5. $ _ 40,000 Year 2 depreciation expense 6. \$_170,000 Book value at the end of year 2 7. $_80,000. Accumulated depreciation for year 3 8. $_130,000 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 13. \$ Year 4 depreciation expense Answer 14 and 15 based on Activity based pr the past three years the company used the truck as follows: 14. Under activity hased depreciation; what is the amount of depreciation expense they would have recorded for year 3? \$ 15. Under activity hased depreciation; what is the book value at the end of year 3 ? $