Choose the correct option

Kilometer: 300,000km

Picture inserted has more information about the salvage value

If 50,000 km are driven in 2014, what amount of depreciation expense would Kant record at December 31, 2014, assuming it uses the units-of-production method? Select one: a. $5,000 b. $5,333 C. $3,000 d. $2,500 Kant Enterprises purchases a truck for $33,000 on July 1, 2014 Tije truck has an estimated residual value of $3,000, and an estimated useful life of 5 years, or a total distance of 300,000 km If Kant uses the double declining balance method (ie. double the straight line rate), what amount of depreciation expense would it record at December 31, 2014? Select one: a $12,000 b. $6,600 c. $13,200 d $6,000 If 50,000 km are driven in 2014, what amount of depreciation expense would Kant record at December 31, 2014, assuming it uses the units-of-production method? d 00 on Select one lo a $5,000 7:51 PM