Diversey Corporation purchased a truck for $32,000 that had an estimated salvage value of $4,000 and an estimated life of 4 years.
The truck was to be driven for a total of 60,000 over 4 years. The truck was to be driven 20,000 miles in Year 1, 15,000 miles in Year 2, 10,000 miles in Year 3 and 15,000 miles in Year 4.
Complete a depreciation schedule for each of the following depreciation methods: