Hadicke Company purchased a delivery truck for $35,000 on January 1, 2010. The truck was assigned an estimated useful life of 100,000 miles and has a residual value of $10,000. The truck was driven 18,000 miles in 2010 and 22,000 miles in 2011. Compute depreciation expense using the units-of-activity method for the years 2010 and 2011.
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