(Solved): Ylmaz Company purchased a delivery truck for $100,000 on January 1,2020 . The truck was assig ...

Yılmaz Company purchased a delivery truck for $\$100,000$ on January 1,2020 . The truck was assigned an estimated useful life of 200,000 miles and has a residual value of $\$40,000$. The truck was driven 55,000 miles in 2020 . Compute depreciation expense using the units-of-activity method for the year 2020 .