Current Attempt in Progress Ivanhoe Deliveries acquired a truck at a cost of $69,120 on January 1, 2014. The truck is expected to have a salvage value of $8,640 at the end of its 4-year useful life. Ivanhoe uses the straight-line method. Prepare the journal entry to record annual depreciation for 2015. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit