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Kansas Enterprises purchased equipment for $72.500 on January 1, 2021. The equipment is expected to have a five-year service life, with a residual value

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Kansas Enterprises purchased equipment for $72.500 on January 1, 2021. The equipment is expected to have a five-year service life, with a residual value of $6,150 at the end of five years. Using the double-declining balance method, depreciation expense for 2021 would be. (Do not round your intermediate calculations) Mule Chake O O O $22.950 $29.000 126540 $14.500

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