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Kansas Enterprises purchased equipment for $79,500 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 $79,500 on January 1, 2021. The equipment is expected to have a five year service life, with a residual value of $8,100 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 $19.080 $28,560 O $31,800 6 O $17:36

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