In Question 1, if the equipment were purchased on July 1, 1999, and Jackson used the double-declining-balance method, the depreciation expense for 1999 would be:

a. \(\$ 88,000\).

b. \(\$ 72,000\).

c. \(\$ 36,000\).

d. \(\$ 44,000\).

e. \(\$ 40,000\).