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b) $10,500 ( $3,000 d) $ 750 1 o Company purchased a semi truck at the beginning of 2019 at a cost of $100,ooo. The
b) $10,500 ( $3,000 d) $ 750 1 o Company purchased a semi truck at the beginning of 2019 at a cost of $100,ooo. The truck had an estimated life of 5 yeats, n estimated residual value of $20.000 and will be Gated using the straight line method. on Januaty 1, 2021 the company made malor tepalls of $30,000 to the truck that extended the life 3 years. Thus starting with 2021 the has a temaning life of 5 yeats and a new salvage value of $8.000.- refer to fernbank farmaat is the trucks book value at December 31, 2021 a $98. ODD b) $62.000 c) $68000 d) $80000
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