What percentage of automotive customers reported that their friends’ comments on social media either extremely influence or somewhat influence their opinions on car makers and brands?

$11,340

Explanation:

The unit of the activity depreciation method determines the depreciation amount based on the level of usage. The method calculates the depreciation amount per unit of activity.

For Grimwood trucking, depreciation per unit.

Depreciation per unit = Cost of the asset/ expected usage

Depreciable amount = asset cost - salvage value

=$147,000 -$21,000 = $126,000

Depreciation per unit = Depreciable amount/ expected usage

=$126,000/ 1,000,000

=$0.126 per mile.

If the truck is driven for 90,000 in the first year

Amount of depreciation = $0.126 x 90,000

=$11,340