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What is the depreciation expense for crane company

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problem 1: Crane Company purchased a truck at the beginning of 2020 for $109500. The truck is estimated to have a salvage value of $4500 and a useful life of 122000 miles. It was driven 18000 miles in 2020 and 26000 miles in 2021. What is the depreciation expense for 2020?

Option 1: $37884
Option 2: $15498
Option 3: $16820
Option 4: $22386

Reference no: EM132784101

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