On January 1,2016,Xit Company Bought a New Delivery Truck for $30,000.Xit

Multiple Choice

On January 1,2016,Xit Company bought a new delivery truck for $30,000.Xit plans to use the truck for 4 years,during which it will be driven 50,000 miles.The truck will be worthless at the end of the 4 years.If the truck was driven 15,000 miles in 2016,Depreciation Expense using units-of-production is:

A) $9,000.
B) $3,750.
C) $7,500.
D) $15,000.