On January 1, Year 1. Friedman Company purchased a truck that cost $29,000. The truck had an expected useful life of 200,000 miles over 8 years and a $7,000 salvage value. During Year 2, Friedman drove the truck 37,000 miles. The company uses the units-of-production method. The amount of depreciation expense recognized in Year 2 is: (Do not round Intermediate calculations.) Multiple Choice $5.365 $4,070 $2.750 53,625