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Blossom Company purchased equipment for $100000 on January 1, 2020 and will use the double-declining-balance method of depreciation. It is estimated that the equipment will

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Blossom Company purchased equipment for $100000 on January 1, 2020 and will use the double-declining-balance method of depreciation. It is estimated that the equipment will have a 4-year life and a $6000 salvage value at the end of its useful life. The amount of depreciation expense recognized in the year 2022 will be $11636.$25000.$35250.$12500.

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