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Question 23 4 pts A company purchases a new truck on January 1, 2022 and pays cash. The cost of the truck is $26,000. The
Question 23 4 pts A company purchases a new truck on January 1, 2022 and pays cash. The cost of the truck is $26,000. The company expects that they will use the truck for 5 years and that at the end of 5 years, the truck will have a salvage value of $6,000. If the company implements a new method of depreciation upon the purchase of the asset and the accumulated deprecation for the asset under this new method totals $18,000 after four years, what must be the depreciation expense be in year 5 assuming no other assumptions have changed? O $2,000 $4,000 O Zero Cannot be determined with the information provided
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