Question: Can you explain the process for solving this financial accounting question accurately? A construction vehicle costing $210,000 has a salvage value of $40,000 and a

Can you explain the process for solving this financial accounting question accurately?

A construction vehicle costing $210,000 has a salvage value of $40,000 and a useful life of 8 years. The company expects the vehicle to travel 400,000 miles during its useful life. In year 1 it travelled 75,000 miles and in year 2 it travelled 52,000 miles. Using the units of activity method, what is the depreciation expense in year 2

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