10.

A company bought a plece of equipment for $42.200 and expects to use it for eight years. The company then plans to sell it for $4,500. The company has already recorded depreciation of $36,566.98. 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.) Multiple Choice $1133 $12.200 $1408 59.550