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Dinkins Company purchased a truck that cost $66,000. The company expected to drive the truck 100,000 miles over its 5-year useful life, and the truck

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Dinkins Company purchased a truck that cost $66,000. The company expected to drive the truck 100,000 miles over its 5-year useful life, and the truck had an estimated salvage value of $10,000. If the truck is driven 31.000 miles in the current accounting period, what would be the amount of depreciation expense for the year? (Do not round intermediate calculations.) Multiple Choice O $12360 O O $2000 O $1,200 $17,360, $20,460. $11,200, 526,400

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