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Lawn Express bought a delivery truck on January 1st 2020. The following are the details: Truck cost: $70,000 Residual Value: $10,000 Useful Life years: 5

Lawn Express bought a delivery truck on January 1st 2020. The following are the details: Truck cost: $70,000 Residual Value: $10,000 Useful Life years: 5 Estimate Useful Miles: 50,000 If Lawn Express uses the straight-line method of depreciation what is the Book Value at the end of two years on December 31, 2021? A $40,000 B. $38.000 c546,000 $42.000 D

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