For questions 16-19, assume the same information as in the last set of questions on depreciation (see question 12 for information) except that you are using the declining balance method. Again, feel free to make a depreciation table on scratch paper. Here is the information again, so you won't have to scroll back too much to see it.

Cost of equipment = $20,000

Salvage value = $2,000

Useful life = 4 years

How much is the depreciation expense in year 2?

	a.	$4,500
	b.	$5,000
	c.	$12,000
	d.	$10,000