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Candy Inc. purchased a truck for $35,000. Its useful life is estimated as 60,000 miles, with a salvage value of $3,500. Prepare a UOP (Units-of-Production)

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Candy Inc. purchased a truck for $35,000. Its useful life is estimated as 60,000 miles, with a salvage value of $3,500. Prepare a UOP (Units-of-Production) depreciation schedule based on the given annual usage, then enter the depreciation amount for year five as your answer. (Round all amounts to the nearest cent) Year 1 12,000 miles Year 2 11,500 miles Year 313,000 miles Year 414.500 miles Year 512,500 miles

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