Business, 06.01.2021 18:00 Riohxncho

Tasty Subs acquired a delivery truck on October 1, 2021, for $21,500. The company estimates a residual value of $2,500 and a six-year service life. It expects to drive the truck 100,000 miles. Actual mileage was 5,000 miles in 2021 and 19,000 miles in 2022. Required:
Calculate depreciation expense using the activity-based method for 2018 and 2019, assuming a December 31 year-end.

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Tasty Subs acquired a delivery truck on October 1, 2021, for $21,500. The company estimates a residu...

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