assume Major Link Inc purchased a new piece of equipment on January 1, 2020, that cost $25,000. The estimated useful life is five years, and estimated residual value is $2,500 Major Link uses the double-diminishing-balance method of depreciation, what is the depreciation expense for the year ended December 31, 2021? (Round your answer to the nearest whole dollar.) --- A. $5.400 B. $15.000 C. $8.333 D. $6.000