On January 1,2016,Friedman Company purchased a truck that cost $48,000.The truck had an expected useful life of 100,000 miles over 8 years and an $8,000 salvage value.During 2017,Friedman drove the truck 18,500 miles.The amount of depreciation expense recognized in 2017 assuming that Friedman uses the units of production method is:
A) $8,880.
B) $7,400.
C) $6,000.
D) $5,000.
Correct Answer:
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