SHOW Me How Calculator El Printem Units-of Production Method A light truck is purchased on January 1 at a cost of $25,000. It is expected to serve for eight years and have a salvage value of $3,000. It is expected to be used for 96,000 miles over is eight-year useful life. Using the units-of-production method, calculate the depreciation expense for the first and third years of use of the truck is driven 20,000 miles in year I and 18,000 miles in year 3. Round interim calculations to two decimal places. Depreciation Expense Year 1 4,791.67 X Year 3 4,312.5 X Fethul Check My Work Step 1: Depreciation per Ut (Cost - Salvage Value) Estimated Useful Life in Unit Step 2: Arnul Depreciation Depr. per Uwer of Units Produced or conta Previous Next Check My Work Save and the Submers for Grade All work saved 600 PM 600 E EI SAMSUNG