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Tasty Subs acquired a delivery truck on September 1, 2018, for $25,600. The company estimates a residual value of $1,600 and a five-year service life.

Tasty Subs acquired a delivery truck on September 1, 2018, for $25,600. The company estimates a residual value of $1,600 and a five-year service life. Required Calculate depreciation expense using the straight-ine method for 2018 and 2019, assuming a December 31 year-end 2018 2019 Depreciation expense 4,800

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