20. Which of the following plant assets does not decline in service potential over the course of its useful life? a. Land Improvement b. Building c. Land d. Equipment 21. Concord Company purchases a new delivery truck for $54,300. The sales taxes are $3.700. The logo of the company is painted on the side of the truck for $1,600. The truck license is $170. The truck undergoes safety testing for $270. What does Concord record as the cost of the new truck? a. $58,000 b. $60,040 c. $59,600 d. $59,870