Treadwell Co. uses the units of activity method for depreciation of its delivery vehicle. It...
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Treadwell Co. uses the units of activity method for depreciation of its delivery vehicle. It paid $60,000 for the vehicle and expects to use it for 5 years before trading it in on a new one. The car dealer has agreed to buy it back for $5,010 if it has less than $200,020km wich is within Treadwell's expectation of km per year on the vehicle. In year 1 the truck logged 38,000km on the odometer. In year 2 the actual mileage was 28,000km. In year 3 the actual mileage was 55,000km. In year 4 the actual mileage was 33,000km and in year 5 the actual mileage is reaching 20,000km and there are less than 90 days until the end of the year. Round your answer to the nearest dollar (no cents). Required 1: What depreciation expense will Treadwell Co record in year 2?\$ Required 2: What depreciation expense will Treadwell Co record in year 3? \$ Required 3: What depreciation expense will Treadwell Co record in year 4 ? \$ Required 4: What accumulated depreciation will Treadwell Co report at the end of year 2 ? $ Required 5: What accumulated depreciation will Treadwell Co report at the end of year 3 ? \$ Required 6: What accumulated depreciation will Treadwell Co report at the end of year 4?\$
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