Quick-as-Uightning, a delivery service, purchased a new delivery truck for $40,000 on January 1, 2023, The truck is expected to have a useful life of 10 years or 150,000 miles and an expected residual value of $3,000. The truck was driven 15,000 miles in 2023 and 13,600 miles in 2024. Required: 1. Compute depreciation expense for 2023 and 2024 using the: a. Straight-line method. Depreciation expense: 4 per year 3. Conceptual Connection: If Quick-as-Lightning used an 8 year useful life or 100,000 miles and a residual value of $1,000, what would be: (a) Depreciation expense. Do not round intermediate calculations. Round your answers to the nearest whole dollar. a. Straight-line method: 5