Number of Trucks to Be Estimated Residual Retired at Year-End Value per Truck Year $4,000 4,000 2,000 2020 2 2021 6 2022 8 2023 4 Cheadle actually retired the trucks according to the following schedule (assume each truck was retired at the beginning of the year): Number of Trucks Retired Total Proceeds from Retirements Year $ 4,000 11,000 19,000 6,000 4,000 1,000 2020 1 2021 3 2022 6 2023 5 2024 3 2025 2

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A:

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A: Since, we answer only upto 3 sub-parts, we shall answer first three. Please resubmit a new question…

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A:

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