PTT Services, Inc. purchased a new truck for $40,000. Another $5,000 was spent to have the company logo stenciled on the truck's sides. PTT Services plans on using the truck for a maximum of 50,000 miles after which the truck is expected to be sold for $6,000. What will the depreciation expense (rounded to the nearest $) be if the truck is driven 8,000 miles during a quarter? $5,440 $6,240 $6,400 $7,200 QUESTION 21 Please use the El Gato data included with the Module 5 Review Questions assessment Instruction sheet posted on Blackboard as the basis for answering this question. Which of the following correctly states the capitalized cost of the (a) land and (b) the new building? (a)$501,500/(b)$863,700 (a)$508,200/(b)$857,000 (a)$555,700/(b)$809,500 O (a)$555,700/(b)$809,000