San Diego State University Operations And Supply Chain Management Assignment Help - Salvage value

Question - Draper Company purchased a truck that cost $36,000. 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 $2,000. If the truck is driven 36,000
miles in the current accounting period, what would be the amount of depreciation expense for the year?
$12,240.
$7,200.
$6,800.

$12,960.

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