On January 1, 2019, Clemente Company purchased a new truck for $14,700. Its estimated useful life is seven years or 200,000 miles. The trucks expected salvage value is $700. During 2019, the truck was driven 20,000 miles.

Assuming units-of-production depreciation, 2019 depreciation expense is:

Select one:

a. $1,764

b. $2,100

c. $1,400

d. $2,000

e. None of the above