V. PPE and Depreciation (20 points) The following information is available for Queen Company, which has an accounting year-end on December 31. 1. A building was purchased on July 1, 2021, for $3,000,000. It is estimated to have a $50,000 salvage value at the end of its 40-year useful life. The straight-line method of depreciation is being used. 2. A truck was purchased on January 1, 2021, for $200,000. It was estimated to have a $20,000 salvage value at the end of its 10-year useful life, during which time it is expected to be driven 120,000 miles. During 2021, the truck was driven 20,000 miles. During 2022, the truck was driven 36,000 miles. The units-of-activity method of depreciation is being used. 3. Store equipment was purchased on January 1, 2021, for $280,000. It was estimated that the store equipment would have a $28,000 salvage value at the end of its 5-year useful life. The double-declining balance method of depreciation is being used. Requirement: Please complete the tables shown below for each PPE. Please show your calculation process either in or below the table. Building 2021 2022 Depreciation Expense for the year Accumulated Depreciation at 12/31 Truck Depreciation Expense for the year Accumulated Depreciation at 12/31 2021 2022 Depreciation Equipment Expense for the year Accumulated Depreciation at 12/31 2021 2022 5600 00 no 31 0000000