On February 1, Carson Company received a $9,000, 4%, four-month note receivable. The cash to be received by Carson Company when the note becomes due is O a. $9,000. O b. $9,120. O c. $9,360 O d. $120. Eckman Company purchased equipment for $120,000 on January 1, 2016, and will use the double-declining-balance method of depreciation. It is estimated that the equipment will have a 5-year life and a $6,000 salvage value at the end of its useful life. The amount of depreciation expense recognized in the year 2018 will be O a. $28,800. O b. $17,280. O c. $27,360. O d. $16,416