Tasty Subs acquired a delivery truck on October 1, 2015, for $ 21,500. The company estimates a

Question:

Tasty Subs acquired a delivery truck on October 1, 2015, 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 2015 and 19,000 miles in 2016.

Required:
Calculate depreciation expense using the activity- based method for 2015 and 2016, assuming a December 31 year-end.