Dinkins Company purchased a truck that cost $87,000. The company expected to drive the truck...
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Accounting
Dinkins Company purchased a truck that cost $87,000. The company expected to drive the truck 100,000 miles over its 5 -year useful life, and the truck had an estimated salvage value of $13,500. If the truck is driven 34,500 miles in the current accounting period, what would be the amount of depreciation expense for the year? (Do not round intermediate calculations. Round your final answer to the nearest whole dollar amount.) Multiple Choice $30,015 $25,358 $34,800 $14,700
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