4 Kansas Enterprises purchased equipment for $76,500 on January 1, 2021. The equipment is expected to have a ten-year service life, with a residual value of $7,800 at the end of ten years. Using the double-declining balance method, depreciation expense for 2021 would be: (Do not round your Intermediate calculations) 3.5 points 804:51:23 Multiple Choice $7,500. $13,740. $15,300. $7,650