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On January 2, 2019, Kornis Corporation acquired equipment for $1,100,000. The estimated life of the equipment is 5 years or 100,000 hours. The estimated residual

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On January 2, 2019, Kornis Corporation acquired equipment for $1,100,000. The estimated life of the equipment is 5 years or 100,000 hours. The estimated residual value is $10,000. What is the balance in Accumulated Depreciation on December 31, 2019, if Kornis Corporation uses the double - declining - balance method of depreciation? O A. $218,000 O B. $436,000 OC. $220,000 O D. $440,000

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