On January 1, Year 1, Marino Moving Company paid $48,000 cash to purchase a truck. The truck was expected to have a four-year useful life and an $8,000 salvage value. If Marino uses the double-declining-balance method, which of the following shows how the adjusting entry to recognize depreciation expense at the end of Year 3 will affect the Company's financial statements? Balance sheet Assets = Income Statement Cash Flow Statement Cash + Liab. + Rev. Equity (4,000) + + (4,000) (6,000) Exp. = 4,000 = 4,000 = 6,000 6,000 (4,000) OA (6,000) OA + = = + (6,000) A. B. C. D. Book value of Truck (4,000) (4,000) (6,000) (6,000) = = " = L + ++ + - - - Net Inc. (4,000) (4,000) (6,000) (6,000)