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: O a. $17,600. O b. $29,600. O C. O d. $35,360. $26,400.

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: $17,600 b. $29.600 $35,360 d $26,400