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E9-3A. Depreciation Methods A delivery truck costing $22,000 is expected to have a $2,000 salvage...

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Accounting

E9-3A. Depreciation Methods A delivery truck costing $22,000 is expected to have a $2,000 salvage value at the end of its useful life for four years or 100,000 miles. Assume that the truck was purchased on January 2. Calculate the depreciation expenses for the second year using each of the following depreciation methods: (a) straight line (b) double declining balance, and (c) units-of-production. (Assume that the truck was driven 30,000 miles in a second year. )

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