22. On October 1, 2019, Gonzalez Corporation purchased factory equipment for $200,000. Residual value was

estimated to be $20,000. The equipment will be depreciated over ten years using the double-declining

balance method. Gonzalez should record depreciation expense for 2020 on this equipment of:

a. $32,000.

b. $34,000.

c. $38,000.

d. $40,000.