QUESTION 18 A truck costs $316,000 and is expected to be driven 116,000 miles during its five-year life. Residual value is expected to be zero. If the truck is driven 27,000 miles during the first year, how much depreciation should the business record under the units-of-production method? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.) A) $98,600 B) $24,480 O C) $73,440 D) $44,440 QUESTION 19 On June 30, 2018, Clooney Printers purchased a printer for $60,000. It expects the printer to last for four years and have a residual value of $9000. Compute the depreciation expense on the printer for the year ended December 31, 2018, using the straight-line method. (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.) A) $12,750 B) $6375 C) $15,000 D) $7438