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Gardner Corporation purchased a truck at the beginning of 2015 for $75,000. The truck is estimated to have a residual value of $3,000 and a

Gardner Corporation purchased a truck at the beginning of 2015 for $75,000. The truck is estimated to have a residual value of $3,000 and a useful life of 120,000 miles. It was driven 18,000 miles in 2015 and 32,000 miles in 2016. What is the depreciation expense for 2015

Select one:
a. 30,000
b. 18,000
c. 11,250
d. 10,800

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