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Katie, your Accounting Manager, has asked you to calculate the depreciation for the new company car. the new car was purchased on June 1, 2018.

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Katie, your Accounting Manager, has asked you to calculate the depreciation for the new company car. the new car was purchased on June 1, 2018. The purchase price was $12,600 and has useful lives of 3 years. The salvage or residual amount is 10% of the purchase price. It was estimated that the company car would be driven a total of 93,000 miles. In year 1 the car was driven 48,900 miles, in year 2 the car was driven 35,180 miles and in year 3 the car was driven 12,300 miles. Round to the nearest whole dollar. Calculate the total depreciation expense in Years: 2018, 2019, 2020, and 2021, using the units of production method. ALL

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