On January 2, 2019, Kornis Corporation acquired equipment for $1,000,000. The estimated life of the equipment is 5 years or 70,000 hours. The estimated residual value is $40,000. What is the balance in Accumulated Depreciation on December 31, 2019, if kornis Corporation uses the double-declining - balance method of depreciation? O A. $200,000 O B. $192,000 OC. $400,000 OD. $384,000