On September 1, 2012 Algernon Company sold a truck for $15,000 cash. The truck was originally purchased for $40,000 and had an estimated salvage value of $4,000 and an estimated life of 6 years. Algernon had recorded depreciation of $30,000 through the end of 2011 using the straight-line method. Algernon had to update the depreciation prior to sale. After updating the depreciation, how much was the total accumulated depreciation on the truck? A.) 34,000 B.) 36,000 C.) 34,440 D.) 34,250