Your firm purchased a truck for $33,000 on June 30, 2021. It had a salvage value of $5,000 and an estimated useful life of 3 years. The year ends on 12/31/21. Assume straight-line depreciation is used. Six months depreciation expense for 2021 would be:

Group of answer choices

11,000

9,333

4,667

3,889

depreciation expense for 2022 would be:

9,333

3,889

4,583

11,000

if you sell the truck at 12/31/23 for $12,000 cash, you would have a (Dont forget to include all depreciation recorded in 2021, 2022, and 2023 in calculating the book value!):

Group of answer choices

Loss of $7,778

Gain of $1,555

Gain of $2,333

Loss of $1,555