Kansas Enterprises purchased equipment for $81,500 on January 1, 2021. The equipment is expected to have a ten-year life, with a residual value of $6,900 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 $52,160 $56,240 oooo $58,640 $8,150