Problem 207 points): Joel Harvey Florists acquired a truck on January 1,2017. The company paid $11,000 for the truck, $500 for destination charges, and $250 to paint the company name on the side of the truck. The company's accounting manager estimates the truck to have a five-year useful life and a residual value of S1,750. The truck is expected to be driven 100,000 miles in five years. It is actually driven 15,000 miles in 2017, 25,000 miles in 2018, 30,000 miles in 2019, 25,000 miles in 2020, and 5,000 miles in 2021. Part 1 On January 1, 2017, how much should Joel Harvey Florist capitalize for the cost of the truck? Part 2 using straight line, How much depreciation expense would be recorded for the years 2017 through 2021 units-of-activity, and double declining balance? b. Units-of-Activity c Double Declining a. Straight-line 2017 2018 2019 2020 2021 a. Straight-line Units-of-activity