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company purchased a new truck at a cost of $51,000 on July 1 . The truck is estimated o have a useful life of 6

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company purchased a new truck at a cost of $51,000 on July 1 . The truck is estimated o have a useful life of 6 years and a salvage value of $3,900. The company uses the traight-line method of depreciation. How much depreciation expense will be recorded or the truck during the first year ended December 31 ? Multiple Choice $3.925. $4,550 $5.490 57,850 $4,250

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