Survey of Accounting: E11-1 Castlevania Corporation purchased a truck

Survey of Accounting

E11-1
Castlevania Corporation purchased a truck at the beginning of 2007 for $42,000. The truck is estimated to have a salvage value of $2,000 and a useful life of 160,000 miles. It was driven 23,000 miles in 2007 and 31,000 miles in 2008.

Compute depreciation expense for 2007 and 2008.
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