8 9 2 points Floyd Corporation purchased a truck for $20,000 on January 1, 2023. The truck has an estimated salvage value of $5,000 and is expected to last five years. Floyd Corporation prepares adjusting entries only at year-end. How much depreciation expense should Floyd Corporation record at the end of 2023? (Do NOT include the dollar sign ($) when you enter your answer. Round your answer to the nearest whole number; i.e., do NOT enter any decimal places.) Type your answer... 2 points Assume Milicic Corporation borrowed money from Bank of America several months ago, and at the end of the year, Woodard owes the bank $1,500 in interest. When Milicic Corporation records the adjustment for this accrued interest at year-end, which two accounts will be affected? Interest receivable and cash Interest revenue and interest expense Interest expense and interest payable Interest payable and interest receivable Unearned interest revenue and interest --

Floyd Corporation purchased a truck for $20,000 on January 1, 2023. The truck has an estimated salvage value of $5,000 and is expected to last five years. Floyd Corporation prepares adjusting entries only at year-end. How much depreciation expense should Floyd Corporation record at the end of 2023? (Do NOT include the dollar sign ($) when you enter your answer. Round your answer to the nearest whole number; i.e., do NOT enter any decimal places.) 2 points Assume Milicic Corporation borrowed money from Bank of America several months ago, and at the end of the year, Woodard owes the bank $1,500 in interest. When Milicic Corporation records the adjustment for this accrued interest at year-end, which two accounts will be affected? Interest receivable and cash Interest revenue and interest expense Interest expense and interest payable Interest payable and interest receivable Unearned interest revenue and interest