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Randy Automotive purchased a truck on January 2,2021 , at a total cost of $33,000. The truck has an estimated useful life of 5 years
Randy Automotive purchased a truck on January 2,2021 , at a total cost of $33,000. The truck has an estimated useful life of 5 years or a total distance of 300,000km, and an estimated residual value of $3,000. During 2021 and 2022,120,000km and 100,000km were driven, respectively. Instructions Under the double diminishing-balance method, depreciation expense recorded at December 31 , 2022 is $ (round your answer to dollar amount)
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