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Ayayai Corporation purchased a truck at the beginning of 2023 for $47,800. The truck is estimated to have a residual value of $3,000 and
Ayayai Corporation purchased a truck at the beginning of 2023 for $47,800. The truck is estimated to have a residual value of $3,000 and a useful life of 320,000 km. It was driven for 57,000 km in 2023 and 70,000 km in 2024. (a) Your answer is correct. Calculate depreciation expense for 2023 and 2024 using the units of production method. (Round depreciation per km to 4 decimal places, e.g. 15.1254 and round final answers to O decimal places, e.g. 5,275.) Depreciation expense Search 2023 7980 2024 9800 ENG IM
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