A truck has an estimated useful life of 150,000 miles. The original cost is $60,000 and the salvage value is $5,000. The miles driven were 18,000 for the first year and 19,500 for the second year. Depreciation for the second year is

A) $7,150

B) $6,600

C) $7,800

D) $7,200

Question

29 March, 21:29

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Answers (2)

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Emmalee Francis · Answer 1

I think its D buh if you gimme a few minuties i will make sure for you

Janitor · Answer 2

I believe the answer is D, Depreciation for the second year is $7,200.

A truck has an estimated useful life of 150,000 miles. The original cost is $60,000 and the salvage value is $5,000. The miles driven were 18,000 for the first year and 19,500 for the second year. Depreciation for the second year isA) $7,150B) $6,600C) $7,800D) $7,200