52 Michele Company purchased a piece of equipment for $65,000 with an estimated residual value of $15,000 on January 1, 2012. Its estimated life is 5 years. To the nearest dollar, what is the equipment's depreciation using the double-declining-balance method for 2013? out of Select one: . $26,000 n O B. $20,000 o c. $15,700 $15,600 . $12,000