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MetaOn January 1 , Year 1 , Marino Moving Company paid $ 1 1 6 , 0 0 0 cash to purchase a truck. The

MetaOn January 1, Year 1, Marino Moving Company paid $116,000 cash to purchase a truck. The truck was expected to have a four-year useful life and an $42,000 salvage value. If Marino uses the straight-line method, the amount of accumulated depreciation shown on the Year 2 balance sheet is:
Multiple Choice
$37,000.
$29,000.
$18,500.
$58,000.

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