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Cullumber Company purchased a new van for floral deliveries on January 1, 2025. The van cost $44000 with an estimated life of 5 years and

Cullumber Company purchased a new van for floral deliveries on January 1, 2025. The van cost $44000 with an estimated life of 5 years and $6000 salvage value at the end of its useful life. The double-declining-balance method of depreciation will be used. What is the balance of the Accumulated Depreciation account at the end of 2026? $10560, $21120 $7040 $28160

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