Jing Company was started on January 1, Year 1 when it issued common stock for $28,000 cash. Also, on January 1. Year 1 the company purchased office equipment that cost $15,200 cash. The equipment was delivered under terms FOB shipping point, and transportation cost was $1,300. The equipment had a five-year useful life and a $5.700 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 $4,752 and $12,672 52.851 and 516,151 So and $13,300 5240 and $10,800