$2$ pts

ABC purchases a new fixed asset on January $1$ and pays cash. The total cost is $$26,000.$ ABC expects to use the truck for $5$ years and that the salvage value of the truck after $5$ years will be $$6,000.$ What is the depreciation expense for year $2$ using the straight line method?

$$ $$5,200$

$$2,000$

$$4,000$

$$ $$10,400$