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Bramble Corp. purchased a truck at the beginning of 2020 for $109000. The truck is estimated to have a salvage value of $5100 and a
Bramble Corp. purchased a truck at the beginning of 2020 for $109000. The truck is estimated to have a salvage value of $5100 and a useful life of 122000 miles. It was driven 20000 miles in 2020 and 28000 miles in 2021. What is the depreciation expense for 2020?
$18705
$40896
$17040
$23856
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