Kansas Enterprises purchased equipment for $74,500 on January 1, 2021. The equipment is expected to have a ten-year life, with a residual value of 58.700 at the end of ten years using the double-declining balance method, the book value at December 31, 2022, would be: (Do not round your intermediate calculations) Multiple Choice $7,450. $47680 $36,160 $33,760