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A vehicie is purchased on 1/1/23 for $85,000. The vehicle has a uscfullife of 16 years or 200,000 miles, It is estimated that the vehicle

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A vehicie is purchased on 1/1/23 for $85,000. The vehicle has a uscfullife of 16 years or 200,000 miles, It is estimated that the vehicle will have a scrap value of $5,000 at the end of its life. The vechile is driven for 15,000 miles in 2023 . A. Record diepreciation for the vehicle for 2023 assuming the straight-line method is used. 8. What amount of depreciation will be recorded for the vehicle in 2023 if the units of activity method is used? \$ C. What will the book value of the vehicle be after 120,000 miles are driven assuming the units af activity method is used? \$

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