Fabian Woodworks This Company Purchased a Truck at a Cost of $12,000

Fabian Woodworks
This company purchased a truck at a cost of $12,000. The truck has an estimated residual value of $2,000 and an estimated life of five years, or 100,000 hours of operation. The truck was purchased on January 1, Year 1, and was used for 27,000 hours in Year 1 and 26,000 hours in Year 2.
-Refer to the figure Fabian Woodworks.What amount will be reported as depreciation expense over the five-year life of the equipment?

A) $4,000
B) $8,000
C) $10,000
D) $12,000