During the first two years, SN, Inc., drove the truck 125,000 and 134,000 miles, respectively, to

deliver merchandise to its customers. The company originally purchased the truck for $140,000. If the truck has an

estimated life of 5 years or 500,000 miles, with an estimated residual value of $50,000, what amount of depreciation expense should SN record in the second year using the activity-based method?

16.241,000 During the first two years, SN, Inc. drove the truck 125,000 and 134,000 miles, respectively, to deliver merchandise to its customers. The company originally purchased the truck for $140,000. Ir the truck has an estimated life of 5 years or 500,000 miles, with an estimated residual value of 550,000, what amount or depreciation expense should SN record in the sccond year using the activity-based method