Tanger Interiors purchased a delivery truck for R$38,000 on January 1, 2020. The truck has an expected residual value of R$6,000, and is expected to be driven 100,000 miles over its estimated useful life of 8 years. Actual miles driven were 15,000 in 2020 and 12,000 in 2021.

Instructions
a. Compute depreciation expense for 2020 and 2021 using (1) the straight-line method, (2) the units of- activity method, and (3) the double-declining-balance method.
b. Assume that Tanger uses the straight-line method.
1. Prepare the journal entry to record 2020 depreciation.
2. Show how the truck would be reported in the December 31, 2020, statement of financial position.