Cake Company purchased a truck for $425,000 cash on January 1, 2017. The estimated life is 5 years or 100,000 miles; salvage value is estimated at $25,000. Actual activity was 12,000 miles in 2016 and 16,000 miles in 2016. Instructions Compute the annual depreciation expense for 2017 and 2018 under the following depreciation methods: (a) straight-line, (b) double-declining-balance, and (c) units-of- activity. (a) Straight-line 2017 depreciation = $_ 2018 depreciation = $