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Carla Vista Company purchased a delivery truck for $ 36,000 on July 1, 2022. The truck has an expected salvage value of $ 6,000, and
Carla Vista Company purchased a delivery truck for $ 36,000 on July 1, 2022. The truck has an expected salvage value of $ 6,000, and is expected to be driven 100,000 miles over its estimated useful life of 8 years. Actual miles driven were 15.000 in 2022 and 12,000 in 2023. Carla Vista uses the straight-line method of depreciation Compute depreciation expense for 2022 and 2023 Depreciation Expense 2022 2023 Straight-line method
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