Question: On January 1 , 2 0 2 2 , Frame Industries purchased a delivery vehicle costing $ 1 2 , 6 8 0 . The

On January 1,2022, Frame Industries purchased a delivery vehicle costing $12,680. The vehicle has an estimated 8-year life and a $1,400 residual value.
Frame uses the units-of-production depreciation method and Frame estimates that the vehicle will be driven 94,000 miles. What is the vehicle's book value as 0 the vehicle was driven 11,600 miles during 2022 and driven 19,600 miles during 2023?
Note: Do not round your intermediate calculations.
Multiple Choice
$7.536.
$8,936.
$10,260.
$8,860.
 On January 1,2022, Frame Industries purchased a delivery vehicle costing $12,680.

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