Intro

A truck was bought on January $1$ for $$35,000,$ with an expected lifespan of $5$ years or $80,000$ miles and a projected salvage value of $$4,000$ at the end of its useful life. During its first year, it was driven $8,000$ miles, and in the second year, it covered $18,000$ miles.

Part $1$

What is the depreciation expense for its second year of operation assuming straight$-$line depreciation $($in $$)?$