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 $60,.000. The truck had an expected useful life of 200.000 miles and an expected salvage value of $2.000 Calculate the depreciation expense using the units-of-production method assuming the truck travelled 40.000 miles on company business during the year. s o