A truck that cost $8,000 was originally being depreciated over four years using the straight-line method with no salvage value. If after one year, it was decided that the truck would last an additional four years (or a total of five years), the second year's depreciation would be
A) $2,000.
B) $1,000.
C) $1,500.
D) $2,500.

Question

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The Answer of A truck that cost $8,000 was originally being depreciated over four years using the straight-line method with no salvage value. If after one year, it was decided that the truck would last an additional four years (or a total of five years), the second year's depreciation would be
A) $2,000.
B) $1,000.
C) $1,500.
D) $2,500.

A Truck That Cost $8,000 Was Originally Being Depreciated Over