Truckers Inc. Equipment Information Perform the necessary calculations listed for Requirements Part A through D IPart...

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Truckers Inc. Equipment Information Perform the necessary calculations listed for Requirements Part A through D IPart (A) Cost Basis Calculations: 16 Part (B) Straight Line Method ANSWER BOX Requirements: Calculate the (A) Cost Basis, (B) Straight line, and (C) Activity Method for Depreciation Purchase of a Hydrogen Fuel Truck Given cost base Price of $ 150,000 Tax and delivery $ 10,000 $ 10,000 5 years Depreciable Basis 17 Salvage Value Yr 1 18 Depreciation Expense Asset Life Yr 2 Depreciation Expense Yr 3 19 Depreciation Expense Estimated Mileage Traveled per year Yr 4 Depreciation Expense Yr Yr 5 Depreciation Expense Yr Salvage Value Yr Calculations: Yr Part (C) Activity Method Depreciable Basis 20 Yr 1 21 Depreciation Expense Yr 2 Depreciation Expense Yr 3 22 Depreciation Expense Yr 4 Depreciation Expense Yr 5 Depreciation Expense Salvage Value Calculations: Part (D) Double Declining Balance Method Depreciable Basis 23 Yr 1 Depreciation Expense Yr 2 Depreciation Expense Yr 3 24 24 Depreciation Expense Yr 4 Depreciation Expense Yr 5 Depreciation Expense Salvage Value 25 Calculations: 1 20,000 2 40,000 3 35,000 4 40,000 5 15,000 150,000 Miles Truckers Inc. Equipment Information Perform the necessary calculations listed for Requirements Part A through D IPart (A) Cost Basis Calculations: 16 Part (B) Straight Line Method ANSWER BOX Requirements: Calculate the (A) Cost Basis, (B) Straight line, and (C) Activity Method for Depreciation Purchase of a Hydrogen Fuel Truck Given cost base Price of $ 150,000 Tax and delivery $ 10,000 $ 10,000 5 years Depreciable Basis 17 Salvage Value Yr 1 18 Depreciation Expense Asset Life Yr 2 Depreciation Expense Yr 3 19 Depreciation Expense Estimated Mileage Traveled per year Yr 4 Depreciation Expense Yr Yr 5 Depreciation Expense Yr Salvage Value Yr Calculations: Yr Part (C) Activity Method Depreciable Basis 20 Yr 1 21 Depreciation Expense Yr 2 Depreciation Expense Yr 3 22 Depreciation Expense Yr 4 Depreciation Expense Yr 5 Depreciation Expense Salvage Value Calculations: Part (D) Double Declining Balance Method Depreciable Basis 23 Yr 1 Depreciation Expense Yr 2 Depreciation Expense Yr 3 24 24 Depreciation Expense Yr 4 Depreciation Expense Yr 5 Depreciation Expense Salvage Value 25 Calculations: 1 20,000 2 40,000 3 35,000 4 40,000 5 15,000 150,000 Miles