Jing Company was started on January 1, Year 1 when it issued common stock for $29,000 cash. Also, on January 1, Year 1 the company purchased office equipment that cost $15,300 cash. The equipment was delivered under terms FOB shipping point, and transportation cost was $1,400. The equipment had a five-year useful life and a $5,800 expected salvage value. Using double-declining balance depreciation, what the amount of depreciation expense and the amount of accumulated depreciation, resglectively, that would appear on the December 31, Year 3 financial statements? Multiple Choice O $0 and $13,400 $2.938 and $16.338 54,896 and 513,056 O $212 and $10,900