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Questo 21 Answer saved Marked out of 5.00 P Fog Question Depreciation Expense Using the Units-of-Production Method The Likert Company is a coal company based in West Virginia. The company recently purchased a new coal truck for 564,000. The truck had an expected useful life of 200,000 miles and an expected salvage value of $4,000. Calculate the depreciation expense using the units of production method assuming the truck travelled 40,000 miles on company business during the year. $ 12,000