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On January 1, 2020, Fields Company purchased a truck costing $57,000. The truck has a 10 year expected useful life and a $6,000 salvage value.

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On January 1, 2020, Fields Company purchased a truck costing $57,000. The truck has a 10 year expected useful life and a $6,000 salvage value. Fields uses the double-declining-balance method to depreciate the truck. The net book value of the truck on Fields' December 31, 2021 balance sheet is $

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