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Exercise 10-7 Linton Company purchased a delivery truck for $26,000 on January 1, 2017. The...

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Exercise 10-7 Linton Company purchased a delivery truck for $26,000 on January 1, 2017. The truck has an expected salvage value of $1,300, and is expected to be driven 100,000 miles over its estimated useful life of 9 years. Actual miles driven were 12,800 in 2017 and 12,000 in 2018. Your answer is correct. Calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.) Depreciation expense 25 per mile

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