Grey Company purchased a new van for floral deliveries on October 1, 2019. The van cost $54,000 with an estimated life of 6 years and 59,000 residual value at the end of its useful life. The double-declining-balance method of depreciation will be used and December 31 is fiscal year end. What is the balance of the Accumulated Depreciation account at December 31 2019? $7,500 $9.000 $4,500 $3,750