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Depreciation for Partial Periods

Bean Delivery Company purchased a new delivery truck for $$63,000on$ April $1,2019.$ The truck $is$ expected $to$ have a service life $of5$ years $or180,000$ miles and a residual value $of$ $$3,000.$ The truck was driven $10,000$ miles $in2019$ and $18,000$ miles $in2020.$ Bean computes depreciation expense $to$ the nearest whole month.

Required:

Compute depreciation expense for $2019$ and $2020$ using the following methods: $(Round$ your answers $to$ the nearest dollar.$)$

$a.$ Straight$-$line method

$2019$ $

$2020$ $

$b.$ Sum$-of-$the$-$years'$-$digits method

$2019$ $

$2020$ $

$c.$ Double$-$declining$-$balance method

$2019$ $

$2020$ $

$d.$ Activity method

$2019$ $

$2020$ $

For each method, what $is$ the book value $of$ the machine $at$ the end $of2019?At$ the end $of2020?(Round$ your answers $to$ the nearest dollar.$)$

$a.$ Straight$-$line method

$2019$ $

$2020$ $

$b.$ Sum$-of-$the$-$years'$-$digits method

$2019$ $

$2020$ $

$c.$ Double$-$declining$-$balance method

$2019$ $

$2020$ $

$d.$ Activity method

$2019$ $

$2020$ $