Sanchill Company purchased a delivery truck for $48,000 on July 1, 2022. The truck has an expected salvage value of $4.000, and is expected to be driven 100,000 miles over its estimated useful life of 8 years. Actual miles driven were 15.000 in 2022 and 12,000 in 2023. Sandhill uses the straight-line method of depreciation. Compute depreciation expense for 2022 and 2023 Depreciation Expense 2022 2023 Straight-line method $ 2,750 $ 5500 e Textbook and Media List of Accounts Prepare the journal entry to record 2022 depreciation. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts.) Account Titles and Explanation Debit Credit Depreciation Exaense e Textbook and Media List of Accounts Prepare the journal entry to record 2023 depreciation. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit e Textbook and Media List of Accounts Show how the truck would be reported in the December 31, 2023, balance sheel, SANDHILL COMPANY Partial Balance Sheet eTextbook and Media List of Accounts