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Wayne Trucking purchased a tractor trailer for $ 1 4 7 , 0 0 0 . The company uses the units - of - activity

Wayne Trucking purchased a tractor trailer for $147,000. The company uses the units-of-activity method for depreciating its trucks and expects to drive the truck 1,000,000 miles over its 12-year useful life. Salvage value is estimated to be $21,000. If the truck is driven 80,000 miles in its first year, how much depreciation expense should Wayne record?
$11,760
$9,333
$10,888
$10,080
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