orales Company acquires a delivery truck at a cost of $38,000. The truck is expected to have a salvage value of $6,000 at the end of its 4-year useful life.The truck is estimated to be driven 100,000 miles. Instructions: 1. Compute annual depreciation expense for the first and second years using the straight-line method. 2. Compute annual depreciation expense for the first and second years using the units of activity method. The truck is driven 20,000 miles the first year and 30,000 miles the second year. 3. Compute annual depreciation expense for all 4 years using the double declining balance method.

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