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Discuss what amounts of depreciation should be recorded

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The Rander Company acquired a delivery truck for $21,680 on Sept 1. The truck has an estimated salvage value of $386 and an estimated useful life of 6 years. The truck is expected to good for 106,342miles. The company drove the truck 10,035 miles in the current year. The company operates on a calendar year accounting period and uses units-of-production (activity method) depreciation. What amounts of depreciation should be recorded for the first year and second year? Answer to nearest whole dollar without any commas or decimal points eg. 1000 not 1,000.00 Enter a negative number as -10 not (10).

Help me figure year 2

Correct answer for year 1 is 2,009

Reference no: EM131752807

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