$5,833 in 2007 and $10,000 in 2008. $6,667 in 2007 and $10,000 in 2008. $10,000 in 2007 and $10,000 in 2008. 15. ABC Company purchased a building on January 3, 2016 at a total cost of $120,000. The useful life of the building was estimated to be 50 years with a residual value of $14,000. Double-declining balance method is used. What is depreciation expense for the year of 2019? * (5 Puan) $2,120 some other amount $4,423.68 $4,246.73 16. Equipment was purchased on April 1, 2014 at a total cost of $20,000. The residual value of the equipment was estimated to be $1,000. The useful life was 8 years. What is depreciation expense for the