On January 1, Year 1, Marino Moving Company paid $48,000 cash to purchase a truck. The truck was expected to have a four year useful life and an $8,000 salvage value. If Marino uses the straight-line method, which of the following shows the adjusting entry to recognize depreciation expense at the end of Year 2? Multiple Choice Credit Accounts Titles Accumulated Depreciation Depreciation Expense Debit 20,000 20,000 Credit Accounts Titles Depreciation Expense Accumulated Depreciation Debit 20,000 20,000 Credit Accounts Titles Accumulated Depreciation Depreciation Expense Debit 10,000 10,000 Credit Accounts Titles Depreciation Expense Accumulated Depreciation Debit 10,000 10,000