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What is the depreciation expense in the first year

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Question - FedEx purchased a moving truck for $50,000. It is estimated that its expected total mileage is 100,000 miles, and the salvage value is $5,000. In the first year the actual mileage is 50,000 miles. What is the depreciation expense in the first year if FedEx uses units of production method?

a. $12,500

b. $15,500

c. $22,500

d. $9,000

Reference no: EM133065754

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