Burger Chef acquired a delivery truck on March 1,2015 for $26,000.The company estimates a residual value of $2,000 and a 6-year service life.It expects to drive the truck 80,000 miles.Actual mileage was 12,000 miles in 2015 and 16,000 miles in 2016.Calculate depreciation expense using the activity-based method for 2015 and 2016,assuming a December 31 year-end.
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