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8 EX Qu. 7-199 Burger Chef acquired a delivery truck on March urger Chef acquired a delivery truck on March 1, 2024 for $15,100. The
8 EX Qu. 7-199 Burger Chef acquired a delivery truck on March urger Chef acquired a delivery truck on March 1, 2024 for $15,100. The company estimates o residual vake of $1500 and a four-ye ervice life. It expects to drive the truck 68,000 miles. Actual mileage was 13.200 mes in 2021 and 17,900 miles in 2022 Calculate depreciation expense using the activity-based method for 2021 and 2022, assuming a December 31 year-end. (Do not round Intermediate calculations.) Year Depreciation Expense 2021 2022
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