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Testbank Multiple Choice Question 66 Sunland Company purchased a truck at the beginning of 2020 for $108900. The truck is estimated to have a salvage
Testbank Multiple Choice Question 66 Sunland Company purchased a truck at the beginning of 2020 for $108900. The truck is estimated to have a salvage value of $5100 and a useful life of 118000 miles. It was driven 21000 miles in 2020 and 29000 miles in 2021. What is the depreciation expense for 2021? (Round intermediate calculations to 3 decimal places, e.g. 0.245.) $28017 $44000 $6920 $25520
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