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Q2 Tumnus Company purchased a delivery truck for $34,000 on January 1, 2014. The truck has an expected salvage value of $2,000, and is expected

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Q2 Tumnus Company purchased a delivery truck for $34,000 on January 1, 2014. The truck has an expected salvage value of $2,000, and is expected to be driven 100,000 miles over its estimated useful life of 8 years. Actual miles driven were 15,000 in 2014 and 12,000 in 2015. Instructions Compute depreciation expense for 2014 and 2015 using (1) straight-line method, (2) units-of-activity method, and (3) double-declining-balance method

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