On August 1, 2015, Toy Inc, purchased a new plece of eewipment that cost 525000 . The estamated useful seo is five years and the estimated residuat value is $2.500 During the five yeass of useful life the equipment is expected to produce 10.000 units If the compomy uses the double declining balance method of depreciation, what is the depeeciation expense for the year ended December 3t it. 2016 ? Miripie choice 315000 95.400 58333 86.000 None of the obher aternatives are correct