On January 1, Sky Corp purchased a new garbage truck for $205,600. Landfill Management estimated...
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Accounting
On January 1, Sky Corp purchased a new garbage truck for $205,600. Landfill Management estimated the trucks residual value to be $34,000, and that it could be used for 6,600 dumps. During Year 1, the truck completed 1,200 dumps. If Landfill Management uses units-of-production depreciation, how much is the book value of the truck at the end of Year 1?
Select one:
A. $ 37,382
B. $ 31,200
C. $168,218
D. $174,400
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