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Best Construction purchased a delivery truck on June 1, 2021. The following information is available: Cost = $90,000 Estimated service life = 5 years Estimated

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Best Construction purchased a delivery truck on June 1, 2021. The following information is available: Cost = $90,000 Estimated service life = 5 years Estimated residual value = $15,000 Calculate depreciation expense for the year ended December 31, 2022, using straight-line depreciation. Multiple Choice Multiple Choice O $8,750. $15,000. O O $6,250. $18,000

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