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On July 9, 2019, a truck was purchased for $27,000 with a $2,000 salvage value, and is expected to last five years & 40,000 miles.

On July 9, 2019, a truck was purchased for $27,000 with a $2,000 salvage value, and is expected to last five years & 40,000 miles. Note: you may not require all the given information to solve.

If they drove the truck 10,000 miles in 2019 and calculated depreciation based on units-of-output, how much would be depreciated in 2019?

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