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10. A company bought a piece of equipment for $43,700 and expects to use it for eight years. The company then plans to sell it
10. A company bought a piece of equipment for $43,700 and expects to use it for eight years. The company then plans to sell it for $4,300. The company has already recorded depreciation of $37,866.76. Using the double-declining-balance method, what is the company's annual depreciation expense for the upcoming year? (Round your answer to the nearest whole dollar amount) $13.700 o $1,533. o $1,458. O $9,850
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