QUESTION 3 3. Calculate the depreciation expense for the year ended December 31, 2019 using the Double Declining Balance method. OA. 1,035 OB.3,500 OD.8,000 QUESTION 4 4. Calculate the depreciation expense for the year ended December 31, 2020 using the Double Declining Balance method. O A. 7,600 OB. 13,500 O C. 12,800 OD. 15,000 The company purchased equipment on July 1, 2019 for $38,000 and paid an additional $2,000 to have it properly installed. Residual value is $5,000 and the estimated life is 5 years. 1. Calculate the depreciation expense for the year ended December 31, 2019 using straight line depreciation O A. 2,000 OB. 875 OC. 3,500 OD. 1,035