QUESTION 15 Press Corporation purchased a truck for 540.000 The company expected the truck ta last four years or 100,000 miles with an estimated residual value of 54.000 de end of those in the first and second year, the truck was dilen 20,000 miles and 27.500 miles respectively Compute the depreciation expense for the first and second year and the carrying value (sook value) at the end of the second year under each of the following to stay in this of activity, and double declining balance