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Novak Corporation purchased a truck at the beginning of 2 0 2 5 for $ 6 2 , 5 0 0 . The truck is

Novak Corporation purchased a truck at the beginning of 2025 for $62,500. The truck is estimated to have a salvage value of $2,500 and a useful life of 200,000 miles. It was driven 28,750 miles in 2025 and 38,750 miles in 2026.
Compute depreciation expense using the units-of-production method for 2025 and 2026.
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