On January 1, Year 1, Friedman Company Purchased a Truck

Multiple Choice

On January 1, Year 1, Friedman Company purchased a truck that cost $40,000. The truck had an expected useful life of 200,000 miles over 8 years and an $8,000 salvage value. During Year 2, Friedman drove the truck 19,000 miles. Friedman uses the units-of-production method. What is depreciation expense in Year 2? (Round your intermediate calculations to 3 decimal places.)

A) $3,800
B) $3,040
C) $4,000
D) $5,000