Dinkins Company purchased a truck that cost $96,000. The company expected to drive the truck...
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Accounting
Dinkins Company purchased a truck that cost $96,000. The company expected to drive the truck 100,000 milles over its 5 -yeat usefut hite, and the truck had an estimated salvage value of $15,000, If the truck is driven 36,000 milies in the current accounting period, what would be the ambum of depreciation expense for the year using the units-of-production method? (Do not round intermediate calculations) Multiple Choice 534,560 538,400 $16,200. $29,160
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