3 Quick-as-Lightning a delivery service, purchased a new delivery truck for $40,000 on January 1, 2019. The truck is expected to have a useful life often years or 150,000 miles and an expected residual value of $2,000. The truck was driven 15,000 miles in 2019 and 13,400 miles in 2020 Question 1 of 5 0 Calculate the depreciation expense for 2019 and for 2020 under the straight line method. 2019 2020 Show any calculations