ent PM / Remaining 58 min I MESSAGE MY INSTRUCTOR | | FULL SCREEN CALCULATOR PRINTER VERSION BACK NEXT Multiple Choice Question 100 On October 1, 2018, Sunland Company places a new asset into service. The cost of the asset is $131000 with an estimated 5-year life and $27500 salvage value at the end of its useful life. What is the book value of the plant asset on the December 31, 2018, balance sheet assuming that Sunland Company uses the double- declining-balance method of depreciation? $125500 $117900 $90400 $103500 SAVE FOR LATER Question Attempts: o of 1 used