Question: On 1 - 1 - 2 0 0 1 , ABC Co . purchased a delivery truck. The cost was $ 1 5 0 0

On 1-1-2001, ABC Co. purchased a delivery truck. The cost was $15000, the expected salvage value was $5000, the estimated useful life in years was 4 years, and the estimated useful life in miles was 250000 miles. Compute annual depreciation expense for the first year using the units-of-activity method (assume that ABC Co. drives its delivery truck 15000 miles in the first year).
a 11311.23
b.600
c .900
d. All answers are false
e.475
f.14400
g.1000

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