20205 (2) - al (2) - on 21 Farr Company purchased a new van for floral deliveries on January 1, 2017. The van cost $56,000 with an estimated life of 5 years and $14,000 salvage value at the end of its useful life. The double-declining balance method of depreciation will be used. What is the depreciation expense for 2012 Select one: a $8,400 Equestion b. $16,800 C511200 d. The answer does not exist e 32240