| Douglas Company acquired a truck on the first day of the year for $165,000. The vehicle was estimated to have a useful life of 80,000 miles and a residual value of $5,000. The company depreciated this item using the units-of-production method. Douglas drove the truck 10,000 miles and 16,000 miles in the vehicle’s first and second years of use, respectively. |
| Without considering depreciation, what amount of cost will Douglas Company show in its motor vehicles account? |
