> X C Question 11 Not yet answered Marked out of 6.00 Flag question The Oshkosh Truck Corporation replaced one of its old trucks with a more efficient one. Further information is given below: Purchase price of new truck Life of the new truck Salvage of the new truck $125,800 10 years 2.500 a. Find the depreciation expense and the net book value of the truck for the first two years using the double declining method. (3 marks) b. Find the accumulated depreciation on the new truck till the end of the second year, when the sum-of-years digit method of depreciation is used. (3 marks) A- BI (a) Double Declining Method NET ACCUMULATED YEAR COST DEPRECIATION BOO DEPRECIATION VALL 1+ 93 C