6 On January 1. Year 1, Jing Company purchased office equipment that cost $38,500 cash. The equipment was delivered under terms FOB shipping point, and transportation cost was $2,900. The equipment had a five-year useful life and a $12,900 expected salvage value Assuming the company uses the double-declining balance depreciation method, what are the amounts of depreciation expense and book value, rospectively, that would be reported in the financial statements prepared as of December 31 Year 3? Multiple Choice Sound $2,000 $2.004 and 512.000 o 52076 and 44,004 55,062 and 58.042