Depreciation Expense Using the Units$-$of$-$Production Method The Likert Company is a coal company based in West Virginia. The company recently purchased a new coal truck for $ $50,000,$ The truck had an expected useful life of $200,000$ miles and an expected salvage value of  $ $2,00.$

Calculate the depreciation expense using the units$-$of$-$production method assuming the truck travelled $40,000$ miles on company business during the year.