depreciation expense at 12/31/ 1 ? A. $91,200 B. $96,000 C. $152,000 D. $160,000 E. $256,000 ResetSelection

The following information is available for equipment: Cost (purchased on 1/1 /XI ) = $400,000. Expected useful life - 5 years. Estimated Residual value = $20,000. If the double-declining balance method is used, what is depreciation expense at 12/31 ? O A. s 91,200 O B. 96,000 O c. $152,000 O D. S160,ooo O E. $256,000 Reset Selection