Linton Company purchased a delivery truck for $26,000 on January 1, 2015. The truck has an expected salvage value of $2,000, and is expected to be driven 75,000 miles over its estimated useful life of 8 years. Actual miles driven were 16,100 in 2015 and 10,800 in 2016.
Calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.)
Depreciation expense per mile$
per mile