Pharoah Company purchased a new van for floral deliveries on January 1, 2021. The van cost $76000 with an estimated life of 5 years and $14000 salvage value at the end of its useful life. The double-declining-balance method of depreciation will be used. What is the balance of the Accumulated Depreciation account at the end of 2022? O $36480. O $12160. O $48640. O $18240