Utley Corp purchased a new truck on January 1, 2013. The truck cost $30,000, has an estimated life of eight years, and has an estimated residual value of $6,000. Utley Corp uses the double-declining-balance method to compute depreciation.

14.value: 3.00 pointsRequired information What is Utley Corp's adjusted balance in its Accumulated Depreciation account at the end of 2014?

$13,125.

$3,750

$11,250.

$1,875