View Policies Show Attempt History Current Attempt in Progress Oriole Company purchased a delivery truck for $32,000 on July 1, 2022. The truck has an expected salvage value of $12,000, and is expected to be 00 miles over its estimated useful life of 8 years. Actual miles driven were 15,000 in 2022 and 12,000 in 2023. Oriole uses the straight- line method of depreciation. Your answer is correct. Compute depreciation expense for 2022 and 2023 Depreciation Expense 2022 2023 1250 Straight-line methods e Textbook and Media List of Accounts Your answer is partially correct. Show how the truck would be reported in the December 31, 2023, balance sheet. ORIOLE COMPANY Partial Balance Sheet December 31, 2023 Equipment 32000 Less : Accumulated Depreciation Equipment 2000 30000 e Textbook and Media List of Accounts Save for Later Attempts: 2 of 3 used