On August 1, 2015, Toy inc. purchosed a new piece of equipment that cost $25000. The estimoted useful ife is five years and the estimated residual value is 52,500 . During the five years of useful life the equpment is expected to produce 10.000 units. If the company uses the double declining bolance method of depreciation, what is the depreciation expense for the yeat ended December 31 , 2016 ? Mutiple Croice $15,000 $5,400 \$. 3.333 $6,000 None of the other atfenatives aro correct