The following four questions ask for depreciation calculatio…

The following four questions ask for depreciation calculations and journal entries related to the scenario given below. Round the final calculation to the nearest dollar. To be eligible for partial credit, upload your work in the last question on the exam. On January 1, 2025, Gamma Co. purchased a delivery truck for $65,000. The truck has an estimated Salvage Value of $5,000 and an estimated Useful Life of 5 years or 100,000 miles. In 2025 (Year 1), the truck was driven 22,000 miles.