Question : 26) On February 1, 2011, Delta Distribution Company purchased a : 1253296
26) On February 1, 2011, Delta Distribution Company purchased a delivery truck that cost $30,000. The truck has an estimated useful life of 150,000 miles and an estimated salvage value of $3,000. The truck is driven 10,000; 34,000; and 28,000 miles for the years 2011, 2012, and 2013, respectively. Required: 1. Calculate the depreciation expense per mile using the activity (units-of-production) method. […]