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Use the following to answer questions 515 The copany The company purchased a new semi-trailer truck for an acquisition cost of $250,000. The company estimates

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Use the following to answer questions 515 The copany 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 $65,000 when they are done using it at the end of 5 years or about 500,000 miles. 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 ? $

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