Question: On August 16th, P3 had a new engine put into an 18-wheeler that is used to transport large inflatable slides and other inflatables. The new

On August 16th, P3 had a new engine put into an 18-wheeler that is used to transport large inflatable slides and other inflatables. The new engine will extend the life of the truck by 10 years. The cost of the new engine was $28,000. The truck had been purchased in 2005 at a cost of $125,000, with a 20-year life and a zero-salvage value. The truck was being depreciated using straight-line.

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