On January 1, Year 1, Friedman Company purchased a truck that cost $43,000. The truck had an expected useful life of 8 years and an $8,000 salvage value. Friedman uses the double- declining-balance method. What is the book value of the truck at the end of Year 1? (Do not round Intermediate calculations.) Multiple Choice $26,250 O U $34,250 $32.250 O $24,250