On January 2, 2019, Kornis Corporation acquired equipment for $500,000. The estimated life of the equipment is 5 years or 40,000 hours. The estimated residual value is $30,000. 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 OB. 594,000 OC. $100,000 OD. $188,000