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29. On October 1, 2017, Rodney Terry Inc. purchased equipment for $800,000. The estimated service life of the equipment is six years and the estimated residual value is $50,000. Terry's fiscal year ends on December 31st. Calculate depreciation for 2018 if Terry uses the Double Declining Balance Method and partial-year depreciation expense is determined by the number of months during the year the asset is in use (round to the nearest dollar as necessary). A. $125,000. B. $177,778. C. $244,444. D. $251,852. E. $266,667