Kansas Enterprises purchased equipment for $75,500 on January 2021. The equipment is expected to have a five-year life, with a residual value of $7,650 at the end of five years. Using the double-declining balance method, the book value at December 31, 2022, would be (Do not round your intermediate calculations) Multiple Choice $15,100 $13,260 O $27180 O $15,660 Kansas Enterprises purchased equipment for $76,000 on January 1, 2021. The equipment is expected to have a five-year service life, with a residual value of $8.700 at the end of five years. Using the double declining balance method, depreciation expense for 2022 would be (Do not round your intermediate calculations) Multiple Choice 0 $16,152 O $18,240 O $26,920 O $30.400