bok Tasty Subs acquired a food service truck on October 1, 2024, for $16,500. The company estimates a residual value of $1,500 and a four-year service life. It expects to drive the truck 100,000 miles. Actual mileage was 4,000 miles in 2024 and 17,000 miles in 2025. Required: Calculate depreciation expense using the activity-based method for 2024 and 2025, assuming a December 31 year-end. (Do not round your intermediate calculations.) Depreciation expense 2024 2025

Tasty Subs acquired a food service truck on October 1,2024 , for $16,500. The company estimates a residual value of $1,500 and a four-year service life. It expects to drive the truck 100,000 miles. Actual mileage was 4,000 miles in 2024 and 17,000 miles in 2025 Required: Required: Calculate depreciation expense using the activity-based method for 2024 and 2025, assuming a December 31 year-end. (Do not round your intermediate calculations.) Tasty Subs acquired a food service truck on October 1,2024 , for $16,500. The company estimates a residual value of $1,500 and a four-year service life. It expects to drive the truck 100,000 miles. Actual mileage was 4,000 miles in 2024 and 17,000 miles in 2025 Required: Required: Calculate depreciation expense using the activity-based method for 2024 and 2025, assuming a December 31 year-end. (Do not round your intermediate calculations.)