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Use the following to answer questions 5 - 15 (Straight Line, 190\% declining balance and Activity Based) The company purchased a new semi-trailer truck for an acquisition cost of $250,000. The company estimates the truck will have a residual value of $$65,000 when they are done using it at the end of 5 years or about 500,000 miles. Answer 58 based on Straight line depreciation 5. \$ Year 2 depreciation expense 6. Book value at the end of year 2 7. Accumulated depreciation for year 3 8. ! Book value at the end of year 3 Answer 9-13 based on 190\% Declining Balance 9. : Year 2 depreciation expense 10. Accumulated depreciation for year 2 11. Book value at the end of year 2 12. \$ Year 3 depreciation expense 13. ! 4 depreciation expense Answer 14 and 15 based on Activity based The company used the truck as follows: 14. Under activity based depreciation; what is the amount of depreciation expense they would have recorded for year 3 ? \$