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Kingbird Corporation purchased a truck at the beginning of 2025 for $60,500. The truck is estimated to have a salvage value of $2,420 and a

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Kingbird Corporation purchased a truck at the beginning of 2025 for $60,500. The truck is estimated to have a salvage value of $2,420 and a useful life of 193,600 miles. It was driven 27,830 miles in 2025 and 37,510 miles in 2026 . Compute depreciation expense using the units-of-production method for 2025 and 2026. Depreciation expense for 2025 Depreciation expense for 2026 Vaughn Company purchased machinery on January 1,2025, for $92,000. The machinery is estimated to have a salvage value of $9,200 after a useful life of 8 years. (a) Compute 2025 depreciation expense using the straight-line method. Depreciation expense

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