Accumulated Depreciation $20,000$

Also, on January $1,$ Year $3$ the company paid $$10,000$ to replace an engine that would extend the useful life of the truck from a

total of four years to a total of seven years. Which of the following shows how the engine replacement will affect the account

balances after the engine replacement on January $1,$ Year $3?$

Multiple Choice

Truck $58,000,$ Accumulated Depreciation $20,000$

Truck $48,000,$ Accumulated Depreciation $20,000$