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3. SIXT company purchased a tractor-trailer for $300,000. The company uses...

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Accounting

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3. SIXT company purchased a tractor-trailer for $300,000. The company uses the units-of-activity method for depreciating its trucks and expects to drive the truck 1,450,000 miles over its 20-year useful life. The salvage value is estimated to be $50,000. If the truck is driven 100,000 miles in its first year, how much depreciation expense should SIXT company record? (2 points) $20,690 $22,050 $18.900 O 517,241

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