0.00 Use the following data 0.00 80,000 3 years $7,000 Asset cost Expected life Estimated salvage value 4.00 e 0.00 Using the declining-balance method, the amount of depreciation for the first year would be 400 .76 a. $24,333.33. .$26,666.67. x C. $48,666.67. A d. $53,333.33. 1/5 items