Ceila Manufacturing purchased equipment on January 1, 2020 for $275,000. It was estimated that the equipment would have a residual value of $25,000 at the end of its useful life. The asset's useful life was estimated at 5 years or 10,000 units of output. The company has a December 31 year end. Assuming the company uses the double-declining-balance depreciation method, what is the depreciation expense for 2021? OA. $110,000 OB. $99,000 OC. $165,000 OD. $66,000