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Home Express bought a delivery truck on January 1st 2020. The following are the details: Truck cost Residual Value: Useful Life years: Estimate Useful

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Home Express bought a delivery truck on January 1st 2020. The following are the details: Truck cost Residual Value: Useful Life years: Estimate Useful Miles: $65,000 $5,000 5 50,000 If Home Express uses the straight-line method of depreciation what is the Book Value at the end of two years on December 31, 2021? A $41,000 B. $39,000 C. $37,000 0.142,000

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