Gary Kraen Company purchased equipment on May 1, 2017 for $200,000. The residual value is $25,000 and the estimated useful life is 10 years. What is the Depreciation Expense for the year ending December 31, 2018, if the company uses the double-declining-balance method? (Round your final answer to the nearest dollar.) A.)$20,000 B.) $34,667 C.)$26,667 D.)$17,500 On January 2, 2017, Konrad Corporation acquired equipment for $760,000. The estimated life of the equipment is 5 years or 37,000 hours. The estimated residual value is $20,000. If Konrad Corporation uses the units of production method of depreciation, what will be the debit to Depreciation Expense for the year ended December 31, 2018, assuming that during this period, the asset was used 5000 hours? A.) $100,000 B.) $105,405 C.) $148,000 C.) $102,703