Depreciation Methods Quick-as-Lightning, a delivery service, purchased a new delivery truck for $40,000 on January 1, 2023. The truck is expected to have a useful life of 10 years or 150,000 miles and an expected residual value of $3,000. The truck was driven 15,000 miles in 2023 and 13,300 miles in 2024. Required: 1. Compute depreciation expense for 2023 and 2024 using the: a. Straight-line method. Depreciation expense: : 3,700 per year b. Double-declining-balance method. 2023 2024 Depreciation Expense 8,000 6,400 c. Units-of-production method. Do not round intermediate calculations. If required, round your answers to the nearest whole dollar. Depreciation Expense 3,700 2023 2024 2. For each method, what is the book value of the machine at the end of 2023? At the end of 2024? Round your