8.

Kansas Enterprises purchased equipment for $80,000 on January 1, 2024. The equipment is expected to have a ten-year life, with a residual value of $6,450 at the end of ten years. Using the double-declining balance method, the book value at December 31, 2025, would be: (Do not round your intermediate calculations)

Multiple Choice

• $51,200.

• $8,000.

• $51,680.

• $49,280.