Aggie, Inc. Aggie, Inc. purchased a truck at a cost of $22,000. The truck has an estimated residual value of $2,000 and an estimated life of 5 years, or 100,000 hours of operation. The truck was purchased on January 1, 2009, and was used 27,000 hours in 2009 and 26,000 hours in 2010. Question 30 (3 points) Saved Refer to Aggie, Inc. What amount will Aggie, Inc. report as depreciation expense over the 5-year life of the equipment? $22,000 $16,000 $20,000 $14,000