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Use the following to answer questions 5 - 15 (Straight Line, 180% declining balance and...

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Use the following to answer questions 5 - 15 (Straight Line, 180% declining balance and Activity Based) R Transport purchased a new semi-trailer truck for an acquisition cost of $300,000. The company estimates the truck will have a residual value of $50,000 when they are done using it at the end of 5 years or about 500,000 miles. Answer 5-8 based on Straight line depreciation Answer 9 - 13 based on 180% Declining Balance 9. $. 10. $ Year 2 depreciation expense Accumulated depreciation for year 2 11. $ Book value at the end of year 2 12. $. 13. $. Year 3 depreciation expense (two decimal places) Year 4 depreciation expense (round to 2 decimal places)

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