Question: Enabled: Exam 2 Multiple Choice ( Computer - Based Testing ) ( i ) Saved Dinkins Company purchased a truck that cost $ 7 2

Enabled: Exam 2 Multiple Choice (Computer-Based Testing)(i)
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Dinkins Company purchased a truck that cost $72,000. 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 $11,000. If the truck is driven 32,000 miles in the current accounting period, what would be the amount of depreciation expense for the year using the units-of-production method?
Multiple Choice
$12,200
$19,520
$23,040
$28,800
Enabled: Exam 2 Multiple Choice ( Computer -

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