QUESTION 16 3 points Sanborn Company purchased a delivery truck on January 1 for $30,000 with an estimated residual value of $3,000 with an estimated life of 5 year life or 60,000 miles, The mileage in the first two years was Year 1 12.250 miles Year 2 11,000 miles WHAT IS THE 2ND YEARS DEPRECIATION EXPENSE UNDER EACH OF THE FOLLOWING METHODS? SHOW ALL CALCULATIONS a) Straight line depreciation b) Units of production c) Double declining balance 50