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8 A company purchased a new truck at a cost of $42,000 on July 1,2019. The truck is estimated to have a useful life

8 A company purchased a new truck at a cost of $42,000 on July 1,2019. The truck is estimated to have a useful life of 3 years and a salvage value of $3,000. The company uses the straight-line method of depreciation.The book value of the truck at December 31, 2019 is 00:00:31 Multiple Choice i $35,500. $28,000 $29,000. $38,750

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