Please read this question carefully, the dates are important! Mean Beans, a local coffee shop, has the following asset (a car) on January 1, 2020 Mean Beans prepares annual financial statements and has a December 31, 2020 year-end. The company's depreciation policy is to use the straight line method to depreciate its assets a. On January 1, 2018, Mean Beans had purchased a car costing $36,000 with an estimated life of eight years. Mean Beans estimates that it can sell the car for $7.200 after eight years Required: 1. For the car, determine the book value as of December 31, 2020 RA Book value