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Lawn Express bought a delivery truck on January 1st 2020. The following are the details: Truck cost $70,000 Residual value $10,000 Useful life in years

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Lawn Express bought a delivery truck on January 1st 2020. The following are the details: Truck cost $70,000 Residual value $10,000 Useful life in years 5 Useful life in miles 50,000 If Lawn Express uses the straight-line method of depreciation what is the amount of depreciation expense on December 31, 2020? O A $13,000 B. $16,000 O C. $14,000 D. $12,000

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