Jing Company was started on January 1, Year 1 when it issued common stock for $41,000 cash. Also, on January 1, Year the company purchased office equipment that cost $18,100 cash. The equipment was delivered under terms FOB shipping point, and transportation cost was $2,600. The equipment had a five-year useful life and a $6,600 expected salvage value. Using double-declining-balance depreciation, what the amount of depreciation expense and the amount of accumulated depreciation, respectively, that would appear on the December 31 Year 3 financial statements? Multiple Choice $0 and 518100 $6.624 and 517,664 $3.974 and $22,074 $852 and $14,100