$.$ It is Jan $1,2018$ and the SFU Bookstore just purchased a new truck for $$32,000.$ It will be used for five

years and have a salvage value of $$2,000.$ The truck will be driven exactly $20,000$ kilometres each year.

Assume the bookstore records depreciation once per year, on December $31.$

Prepare a depreciation schedule using the Units$-$of$-$Production Method.

Prepare a depreciation schedule using the Double$-$Declining$-$Balance Method.

The bookstore determines at the end of year $4$ that the truck will last an extra year and have a salvage

value of $$1,000.$ What is the straight$-$line depreciation journal entry at the end of year $5,$ on Dec $31,$

$2022?$ Show your calculations.

Six months after making the first revised depreciation entry $($on June $30$th$,2023),$ the bookstore sells the

truck for $$3,000.$ Assuming straight$-$line depreciation, prepare the journal entry$/$entries to record the

disposal of the truck. Show your calculations.