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Crane Corporation purchased a truck at the beginning of 2025 for $50,500. The truck is estimated to have a salvage value of $2,020 and a

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Crane Corporation purchased a truck at the beginning of 2025 for $50,500. The truck is estimated to have a salvage value of $2,020 and a useful life of 161,600 miles. It was driven 23,230 miles in 2025 and 31,310 miles in 2026 . Compute depreciation expense using the units-of-production method for 2025 and 2026. Depreciation expense for 2025 Depreciation expense for 2026

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