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Crane Company purchased a delivery truck for $32,000 on July 1, 2022. The truck has an expected salvage value of $6,000 and is expected to

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Crane Company purchased a delivery truck for $32,000 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. Crane 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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