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ing Enabled: Test Schap 789 Sun . A company acquired a delivery truck on October Year 1. for $23.500. The company estimates a residual value

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ing Enabled: Test Schap 789 Sun . A company acquired a delivery truck on October Year 1. for $23.500. The company estimates a residual value of $2,500 and as year service te. It expects to drive the truck 150,000 miles Actual mileage was 5,400 miles in Year and 19,800 miles in Year 2 Required: Calculate depreciation expense using the activity-based method for Year 1 and Year 2, assuming a December 31 year-end. (Do not round your intermediate calculations.) Depreciation expense ing Enabled: Test Schap 789 Sun . A company acquired a delivery truck on October Year 1. for $23.500. The company estimates a residual value of $2,500 and as year service te. It expects to drive the truck 150,000 miles Actual mileage was 5,400 miles in Year and 19,800 miles in Year 2 Required: Calculate depreciation expense using the activity-based method for Year 1 and Year 2, assuming a December 31 year-end. (Do not round your intermediate calculations.) Depreciation expense

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