E10.25 (LO 5) (Disposition of Assets) On April 1, 2020, Estefan Company received a condemnaion award of $430,000 cash as compensation for the forced sale of the company's land and building. which stood in the path of a new state highway. The land and building cost $60,000 and $280,000, respecively, when they were acquired. At April 1, 2020, the accumulated depreciation relating to the building amounted to $160,000. On August 1, 2020, Estafan purchased a piece of replacement property for cash. The new land cost $90,000, and the new building cost $400,000. (Unless otherwise instructed, round all answers to the nearest dollar) BE11.1 (LO 1) Fernandex Corporation purchased a truck at the beginning of 2020 for $50,000. The truck E estimated to have a salvage value of $2,000 and a useful life of 160,000 miles. It was driven 23,000 miles in 2020 and 31,000 miles in 2021 . Compute depreciation expense using the units-of-production method for 2020 and 2021