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2 ( 1 0 points ) Tiffany bought a piece of equipment for $ 6 0 , 0 0 0 . The equipment has a

2(10 points) Tiffany bought a piece of equipment for $60,000. The equipment has a useful life of 5 years and a salvage value of $9,000 at the end of its useful life. Calculate the depreciation for year 4, using double declining balance depreciation (i.e,=2).
A) $3450
B) $3960
C) $5510
D) $5180
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