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FedEx purchased a moving truck for $50,000. It is estimated that its expected total mileage is 100,000 miles, and the salvage value is $5,000. In

FedEx purchased a moving truck for $50,000. It is estimated that its expected total mileage is 100,000 miles, and the salvage value is $5,000. In the first year the actual mileage is 50,000 miles. What is the depreciation expense in the first year if FedEx uses units of production method?

choices:

$12,500

$15,500

$22,500

$9,000

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