Question 16 of 23 -/1 E View Policies Current Attempt in Progress Sheridan Company purchased a new van for floral deliveries on January 1, 2020. The van cost $49000 with an estimated life of 5 years and $13200 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 2021? $31360 $11760 $7840 $23520 Save for Later Attempt: 0 of 1 used Submit