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Exercise 7 - 1 5 ( Algo ) Determine activity - based depreciation ( LO 7 - 4 ) Tasty Subs acquired a food service
Exercise Algo Determine activitybased depreciation LO
Tasty Subs acquired a food service truck on October for $ The company estimates a residual value of $ and a fouryear service life. It expects to drive the truck miles. Actual mileage was miles in and miles in
Required:
Calculate depreciation expense using the activitybased method for and assuming a December yearend. Do not round your intermediate calculations.
tableDepreciation expense,,
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