4. On January 2, 2017, Congo Delivery Company traded in an old delivery truck for a newer model. Data relative to the old and new trucks follow: Old Truck Original cost ................................................................ $18,000 Accumulated Depreciation at January 2, 2017 ............ 12,000 Fair value .................................................................... 6,000 New Truck List price ..................................................................... $30,000 Cash price without trade-in .......................................... 27,000 Cash paid with trade-in ............................................... 22,000 The cost of the new truck for financial accounting purposes is a) $18,000. b) $22,000. c) $27,000. d) $30,000.