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On January 1 , 2 0 2 2 Guard Security Service purchased an alarm monitoring system for $ 5 0 , 0 0 0 .

On January 1,2022 Guard Security Service purchased an alarm monitoring system for $50,000. The system is expected to be used for 5 years, after which it can be sold for $5,000.
If Guard Security Service uses the double-declining-balance method of depreciation, what is depreciation expense for 2022?
Group of answer choices
$16,400
$12,000
$9,000
$20,000\

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