what is the answer please

You are waiting in line at Tim Hortons when a friendly stranger overhears that you are taking an excellent accounting course. The friendly stranger says the following: "Wow, it is awesome that you are taking accounting. Can you please answer a quick question for me? Thanks!" "I remember that when I took an accounting course, we discussed something called accumulated depreciation. Say that I have a truck that cost $40,000 originally and I am using it $4,000 per year. It is now two years old and my accountant says that the accumulated depreciation is $8,000, which is recorded in a separate account. Why is it recorded to a separate account and where is this account reported on the financial statements?" Required: Respond to the friendly stranger's questions