pter 7 Homework Saved 1 Exercise 7-15B Determine activity-based depreciation (LO7-4) ok at Help Save & Exit Submit Check my work A company acquired a delivery truck on October 1, Year 1, for $18,000. The company estimates a residual value of $3,700 and a six- year service life. It expects to drive the truck 130,000 miles. Actual mileage was 4,300 miles in Year 1 and 17,600 miles in Year 2 Required: Calculate depreciation expense using the activity-based method for Year 1 and Year 2, assuming a December 31 year-end (Do not round your intermediate calculations.) Year 1 Year 2 aces Depreciation expense