Answer the ten $(10)$ questions given the following data set:

ABC purchases a new delivery truck on January $1,2022.$ The cost of the truck is $$40,000.$ The truck is expected to last for five $(5)$ years and at that time have a salvage $($residual$)$ value of $$5,000.$

After two $(2)$ years, ABC believes it will now have the delivery truck for a total of $8$ years and after that time, the truck will have a $$2,000$ salvage $($residual$)$ value.

After $6$ years, ABC sells the truck for $$6,000.$Question $2$

What is the impact on net income in Year $1$ as a result of the events described?

If the amount is an increase to net income, enter a positive number. If the amount is a decrease to

net income, enter a negative number. If there is no impact, enter $0($zero$).$ Do not enter any dollar

signs or commas. Use the negative sign for any negatives numbers.