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4. On June 1, ABC Co. purchased a delivery truck for $6,200 in cash. The truck was repainted at a cost of $700 and a

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4. On June 1, ABC Co. purchased a delivery truck for $6,200 in cash. The truck was repainted at a cost of $700 and a new battery (costing \$60) and tires (costing \$275) were installed. The truck has an estimated useful life of 5 years and expected salvage value of $825. The company uses DDB method for the first 2 years and changed its method to SL method. Calculate the depreciation expense of above fixed asset during its useful life, and show the journal entries

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