1 of 10 < > -/1 E View Policies Current Attempt in Progress On October 1, 2018, Sunland Company places a new asset into service. The cost of the asset is $117000 with an estimated 5-year life and $26000 salvage value at the end of its useful life. What is the book value of the plant asset on the December 31, 2018, balance sheet assuming that Sunland Company uses the double-declining- balance method of depreciation? < $91000 $79300 $105300 $111800 Save for Later Attempts: 0 of 2 used Submit Answer