My text book is  Hospitality Industry Financial Accounting (4th edition). I am in chapter 11 -- PROPERTY, EQUIPMENT, and OTHER ASSETS now.  Problem 12 asks me to Calculate the first year's depreciation under each of the following methods: 1. Straight-line. 2. Units of production, assuming the bus traveled 15,000 miles in year 1. 3. Sum-of-the-years' digits. 4. Double declining balance. The scenario is "The Tree Line Inn has purchased a shuttle bus to transport guests to and from a local ski lodge. The cost of the bus is $40,000; its salvage value is $4,000; and its life is five years with expected usable mileage of 100,000."

Murrays Ltd. purchased a new bus for $200,000. The company expects the bus to be used for trips between Sydney and Canberra for 10 years, or 800,000 miles, with an estimated residual value of $30,000 at the end of that time. During the 3rd year the bus was driven 96,000 miles. Calculate the depreciation expense for the 3rd year for each of the methods below. Show your solutions.I. Straight-line II. Diminishing balance at 20% p.a. III. Units-of-activity    Banksia Company completed the following transactions during 2018-2019. The annual accounting period ends 30 June 2019.a) Purchased inventory on credit at cost of AUD 16,800; perpetual inventory system is used.b) Received a customer deposit of AUD 18,000 from ABC Ltd for services to be rendered in the future.c) Borrowed AUD 900,000 from the bank on 1 March 2019 by giving the bank a six-month, 9% interest bearing note payable.d) Performed AUD 8,000 of the services paid for by ABC Ltd; the rest will be rendered in August 2019.e) Received…

Picture 1 is all the information, picture 2 is questions need to be answered.

4. On June 5, Sonny's Auction paid $1,860 for a display case. The business plans to use the case for 5 years. It estimates that the residual value will be $60. Construct a depreciation schedule using the straight-line method.?Depreciation first year Depreciation last year Book value last year Accumulated depreciation last year