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Answer 14 and 15 based on Activity based The company purchased a new...

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Accounting

Answer 14 and 15 based on Activity based
The company purchased a new semi-trailer truck for an acquisition
cost of $$00,000. The company estimates the truck will have a
residual value of $40,000 when they are done driving it 400,000
miles.
For the past three years the company used the truck as follows:
Under activity based depreciation; what is the amount of
depreciation expense they would have recorded for year 3?
Under activity based depreciation; what is the book value at
the end of year 3? $
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