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Waterway Industries purchased a truck at the beginning of 2020 for $109300. The truck is estimated to have a salvage value of $4100 and a

image text in transcribed Waterway Industries purchased a truck at the beginning of 2020 for $109300. The truck is estimated to have a salvage value of $4100 and a useful life of 125000 miles. It was driven 23000 miles in 2020 and 31000 miles in 2021 . What is the depreciation expense for 2020? $19366$26102$20866$45468

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