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On January 1, 2025, a company acquired a truck for $80,000 Residual value was estimated to be $20.000. The truck can be driven for 100.000

On January 1, 2025, a company acquired a truck for $80,000 Residual value was estimated to be $20.000. The truck can be driven for 100.000 miles year What is the amount of depreciation expense for the first year calculated by the straight-line method? aus fe of four years Acal usage of the truck was recorded as 8.000 miles for th OA M400 OR $40,000 OC. $15,000 OD $4.000

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