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Blossom Company purchased a delivery truck for $40,000 on July 1,2025. The truck has an expected salvage value of $2,000, and is expected to be

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Blossom Company purchased a delivery truck for $40,000 on July 1,2025. The truck has an expected salvage value of $2,000, and is expected to be driven 100,000 miles over its estimated uschul life of 8 years. Actual miles driven were 15,000 in 2025 and 12,000 in 2026 Bilossom uses the straight-line method of depreciation. (a) Compute depreciation expense for 2025 and 2026

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