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Sharlene purchased a new truck, whose value over time depreciates. Sharlene's truck depreciates according to the function y = 44,445(0.78)x, where x represents the number of months since the truck was purchased. What is the range of the exponential function y based on its equation and the context of the problem?

y ≥ 0
y < 44445
0 < y ≤ 44445