Question: Exercise 7 - 1 5 ( Algo ) Determine activity - based depreciation ( LO 7 - 4 ) Tasty Subs acquired a food service

Exercise 7-15(Algo) Determine activity-based depreciation (LO7-4)
Tasty Subs acquired a food service truck on October 1,2024, for $19,500. The company estimates a residual value of $1,300 and a
four-year service life. It expects to drive the truck 140,000 miles. Actual mileage was 4,600 miles in 2024 and 18,200 miles in 2025.
Required:
Calculate depreciation expense using the activity-based method for 2024 and 2025, assuming a December 31 year-end. (Do not
round your intermediate calculations.)
 Exercise 7-15(Algo) Determine activity-based depreciation (LO7-4) Tasty Subs acquired a food

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