1. Calculate the total depreciation to be charged on delivery trucks for the year ended 31
December 2022. The annual mileage of the trucks are given below.
Annual Mileage of Trucks
Trucks
Mileage
Mileage
Mileage
Mileage
2019
2020
2021
2022
Truck 1
50,000
40,000
40,000
20,000
Truck 2-Truck sold
55,000
60,000
30,000
25,000
Truck 3-New truck
20,000