Big M's BBQ purchased a truck for $42,000 on 1/1 in Year 1

 Big M's BBQ purchased a truck for $42,000 on 1/1 in Year 1. The truck is expected to have a five- year life or last 100,000 miles and have a residual value of $10,000. The truck was driven as follows for year 1 & 2: • Year 1 - 28,000 miles • Year 2 - 29,000 miles If the activity based depreciation method is used, what will be the book value of the truck at the end of Year 2 on 12/31? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123. you would only input: 24123