Only Organics has a delivery truck that was purchased for $42,000 and has a salvage value of $5,000.It expects the truck to last 125,000 miles.During Year 1,the truck traveled 32,500 miles and during Year 2,the truck traveled 28,500 miles.What is the depreciation expense for Year 2 to the nearest dollar using the units-of-production method? (Round to three decimal places to get the unit rate. )
A)$10,920
B)$9,620
C)$9,576
D)$8,436

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The Answer of Only Organics has a delivery truck that was purchased for $42,000 and has a salvage value of $5,000.It expects the truck to last 125,000 miles.During Year 1,the truck traveled 32,500 miles and during Year 2,the truck traveled 28,500 miles.What is the depreciation expense for Year 2 to the nearest dollar using the units-of-production method? (Round to three decimal places to get the unit rate. )
A)$10,920
B)$9,620
C)$9,576
D)$8,436

Only Organics Has a Delivery Truck That Was Purchased for $42,000