On January 1, 2017, Atlantic Company purchased a new warehouse for $840,000 with a salvage value of $40,000 and an estimated useful life of 40 years. Atlantic has chosen to use the double-declining balance method of depreciation. The journal entry to record the depreciation expense of 2018 would include:

Question 19 options:

	A. a debit to Depreciation Expense for $42,000.
	B. a debit to Depreciation Expense for $39,900.
	C. a credit to Accumulated Depreciation for $42,000.
	D. a debit to Accumulated Depreciation for $39,900.
	E. a credit to Accumulated Depreciation for $21,900.