Groceries to Your Door Delivery Co. (GTYD) purchased a new fleet of trucks for $900,000 cash. Which of the following statements is true on the date of purchase?

Select one:

A. The net book value of the trucks will stay the same over the time period during which the trucks are used.

B. GTYD's total assets will stay the same.

C. Net income will decrease by $900,000 in the year of purchase.

D. Accumulated depreciation will decrease over the time period during which the trucks are used.