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Given a construction truck, assume that the purchase cost is $100,000 (including the cost of tires of $20,000) and the salvage value is $5,000 after

Given a construction truck, assume that the purchase cost is $100,000 (including the cost of tires of $20,000) and the salvage value is $5,000 after 7 years of service life. Using the straight line method, which of the following is closest to the book value of this truck at the end of the fourth year? image text in transcribed

Question 1 2 points Save Answer Given a construction truck, assume that the purchase cost is $100,000 (including the cost of tires of $20,000) and the salvage value is $5,000 after 7 years of service life. Using the straight line method, which of the following is closest to the book value of this truck at the end of the fourth year? O O A $45,714.29 B. $34,285.71 O c. $42,857.14 OD. $37,142.86

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