On January $2,2025,$ Swifty Delivery Service purchased a truck at a cost of $ $65$ comma $000.$ Before placing the truck in$$ service, Swifty Delivery Service spent $ $2$ comma $200$ painting$$ it$,$ $ $1$ comma $700$ replacing$$ tires, and $ $10$ comma $600$ overhauling the engine. The truck should remain in service for five years and have a residual value of $ $6$ comma $000.$ The$$ truck's annual mileage is expected to be $23$ comma $000$ miles in each of the first four years and $13$ comma $000$ miles in the fifth yearlong dash$105$ comma $000$ miles in total. In deciding which depreciation method to$$ use, Jordan Lipnik$,$ the general$$ manager, requests a depreciation schedule for each of the depreciation methods$($straight$-$line, units$-$of$-$production, and$$ double$-$declining$-$balance$).$

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Part $1$

Requirement $1.$ Prepare a depreciation schedule for each depreciation$$ method, showing asset$$ cost$,$ depreciation$$ expense, accumulated$$ depreciation, and asset book value.

Begin by preparing a depreciation schedule using the$$ straight$-$line method.

Straight$-$Line Depreciation Schedule

Depreciation for the Year

Asset

Depreciable

Useful

Depreciation

Accumulated

Book

Date

Cost

Cost

Life

Expense

Depreciation

Value

$1-2-2025$

$12-31-2025$

$-$:

$=$

$12-31-2026$

$-$:

$=$

$12-31-2027$

$-$:

$=$

$12-31-2028$

$-$:

$=$

$12-31-2029$

$-$:

$=$

Part $2$

Before completing the$$ units$-$of$-$production depreciation$$ schedule, calculate the depreciation expense per unit. Select the$$ formula, then enter the amounts and calculate the depreciation expense per unit. $($Round depreciation expense per unit to two decimal$$ places.$)$

$($

$-$

$)-$:

$=$

Depreciation per unit

$($

$-$

$)-$:

$=$

Part $3$

Prepare a depreciation schedule using the$$ units$-$of$-$production method. $($Enter the depreciation per unit to two decimal$$ places, $X$.$XX$.)$

Units$-$of$-$Production Depreciation Schedule

Depreciation for the Year

Asset

Depreciation

Number of

Depreciation

Accumulated

Book

Date

Cost

Per Unit

Units

Expense

Depreciation

Value

$1-2-2025$

$12-31-2025$

$\backslash$times

$=$

$12-31-2026$

$\backslash$times

$=$

$12-31-2027$

$\backslash$times

$=$

$12-31-2028$

$\backslash$times

$=$

$12-31-2029$

$\backslash$times

$=$