17 Rose Bush Nursery purchased a delivery truck for $43,500. The truck is expected to have a useful life of 5 years and a residual value of $2,700. If the truck was purchased on June 1, 2019, what is the amount of depreciation expense for the truck for the year ended December 31, 2019? The company uses the straight-line method of depreciation. kipped Multiple Choice $4,080 O $4760 O $2,700 $8,160 20 The beginning capital balance shown on a statement of owner's equity is $56,000. Net income for the period is $16,500 and the owner withdrew $20,500 cash from the business and made no additional investments during the period. The owner's capital balance at the end of the period is Skipped Multiple Choice $52,000 0 $93.000 $72,500 O $60,000 ME GEW