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How much would her accumulated depreciation account have

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Question - Stevie bought a new pickup for $40,000 for use in her business. She estimates the truck will be useful to her for five years and then will be worth $4,000. During its useful life, she estimates it will travel 200,000 miles for business. If she uses the activity-based depreciation method, and she drove 50,000 miles in the first year and 40,000 miles in the second year, how much would her accumulated depreciation account have in it at the end of the second year?

Reference no: EM132195329

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