Equipment Account	$400,000
Life in Years	4
Life in Units	1,000,000
Salvage Value	$40,000
Units used in 2011	80,000

36. Using Double Declining Balance to depreciate the asset, we should record depreciation expense in 2012 of:

a.$200,000

b.$150,000

c.$100,000

d.$50,000

37. Assume we purchased the equipment on January 1, 2011. After two years using straight-line depreciation we determined that the useful life should have been six years. What should depreciation expense in 2013 (third year) be:

a.$22,500

b.$55,000

c.$45,000

d.$25,000