QUESTION 14 A company purchased the following asset on October 1, 2020: Cost of Asset: $210,000 Residual Value: $10,000 Estimated Useful Life: 100,000 miles The company uses the units of activity depreciation method The company drove the truck for 20,000 miles in 2020 and 30,000 miles in 2021. Required Calculate the depreciation expense for 2020 and 2021 Calculate the accumulated depreciation as of 12-31-21 Calculate the carrying value of the asset as of 12-31-21