-/1 EE View Policies Current Attempt in Progress A truck was purchased for $130000 and it was estimated to have a $10000 salvage value at the end of its useful life. Monthly depreciation expense of $2000 was recorded using the straight-line method. The annual depreciation rate is TO 18% O 20% O 2% 0.7% Save for Later Attempts: 0 of 1 used Submit Answer