On January 1, Year 1, Marino Moving Company paid $57,500 cash to purchase a truck. The truck was expected to have a four-year useful life and an $11,800 salvage value. Marino uses the straight-line method. On January 1, Year 3, Marino's accounting records contained the following balances Truck $57,500 Accumulated Depreciation $22,850 Also, on January 1, Year 3 the company paid $19,500 to replace an engine that would extend the useful life of the truck from a total of four years to a total of seven years. Which of the following shows how the engine replacement will affect the account balances after the engine replacement on January 1, Year 3? Multiple Choice Truck $77,000, Accumulated Depreciation $22,850 Truck $57,500, Accumulated Depreciation $22,850 Truck $57,500, Accumulated Depreciation $3,350 Truck $77,000, Accumulated Depreciation $3,350 f

stought line method. On Janusry t Year 3 . Matino's accourting records contained the following belsnces Truck $57,500 Accumuloted Depreciation $22.850 Nso, on Januacy 1, Yeor 3 the comparly paid $19,500 ta replace an engine that would extend the usefut hire of the truck fom a total of four years to a total of seven yoars Which of the Munpio Onoke