On January 1, 2017, Roadway Delivery Company purchased a truck for $20,000. Depreciation Expense is $2000 per year. During the first year of use, the company paid $2000 to repaint the truck and $1100 for new tires. What is the total expense for the year ended December 31, 2017?
A) $2000
B) $4000
C) $3100
D) $5100
Correct Answer:
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