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3 Tasty Subs acquired a food-service truck on October 1, 2024, for $20,000. The company estimates a residual value of $2,000 and a six-year service

3 Tasty Subs acquired a food-service truck on October 1, 2024, for $20,000. The company estimates a residual value of $2,000 and a six-year service life. Required: Calculate depreciation expense using the straight-line method for 2024 and 2025, assuming a December 31 year-end. Depreciation expense 2024 2025
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Tasty Subs acquired a food service truck on October 1,2024 , for $20,000. The company estimates a residuat value of $2,000 and a six-year semice life. Required: Calculate depreciation experse using the straight:line method for 2024 and 2025, assuming a December 31 year-end

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