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On January 1, 2021, Sanson Company purchased a truck that cost $44,000. The truck had an expected useful life of 5 years and a $8,000

On January 1, 2021, Sanson Company purchased a truck that cost $44,000. The truck had an expected useful life of 5 years and a $8,000 salvage value. The book value of the truck at the end of 2021, assuming that Sanson uses the double declining balance method, is: a. $17,600. b. $35,360. c. $26,400. d. $29,600

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