Q4) On April 1, 2011, Company A paid $140,000 for a piece of equipment. The expected useful life of this equipment is 5 years. The salvage value (residual value) will be $20,000 at the end of the fifth year. Depreciation is calculated to the nearest whole month by Company A. Using the double declining balance depreciation method, calculate the depreciation expenses for 2011, 2012, and 2013. (12 marks)