Assume a company purchased a truck for $20,000 on January 1, 2017. The truck has a useful life of 5 years and an expected salvage value of $4,000. The 2017 adjusting journal entry would include (choose two accounts and one amount).

Dr. Truck expense

Cr. Truck expense

Dr. Depreciation expense

Cr. Depreciation expense

Dr. Accumulated depreciation

Cr. Accumulated depreciation

$3,200

$4,000

$16,000

$20,000