Suppose that Crane purchased a truck for $54,120. The company expected the truck to last...
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Suppose that Crane purchased a truck for $54,120. The company expected the truck to last four years or 82,000 miles, with an estimated residual value of $6,560 at the end of that time. During the second year, the truck was driven 22,100 miles. Compute the depreciation for the second year under each of the methods below and place your answers in the blanks provided. (Round depreciation rate per unit to 3 decimal places, e.g. 15.253 and final answers to 0 decimal places, e.g. 5,125.) Units-of-activity $ Double-declining-balance $
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