On April 1, a company purchased factory equipment for $670,000. It is estimated that the equipment will have a $73,000 salvage value at the end of its estimated 5-year useful life. If the company uses the double-declining-balance method of depreciation, the amount of annual depreciation recorded for the first year after purchase would be

Group of answer choices

$201,000

$268,000

$100,500

$179,100

$238,800