In January 20x6 $60,000 of equipment was purchased. The servicy life is 8 years, with $ 6,000 of residual valut Double-declining balance depreciation is used. By December 2017, the allowance for accumulated depreciation will have a balancy: o that is $12, 750 greater than under straight line depreciation. o that is & 15,375 greater than under straight line depreciation that is & 18, 750 greatur than under straight line depreciation None of these o that is t 16,875 greater than under straight line depreciation