On April 1,2006 , Sanders Construction paid \(\$ 10,000\) for equipment with an estimated useful life of 10 years and a residual value of \(\$ 2,000\). The company uses the doubledeclining-balance method of depreciation and applies the half-year convention to fractional periods. In 2007, the amount of depreciation expense to be recognized on this equipment is:

a. \(\$ 1,600\).

b. \(\$ 1,440\).

c. \(\$ 1,280\).

d. Some other amount