Question 4.3 (10pts) As a product manager, you are responsible for buying new equipment for your department. Considered equipment's estimated useful life is seven years. $95,000 is the cost of the equipment and at the end of the life span, you are expected to sell the equipment at $4,500. Double-declining balance is the chosen method for book depreciation. (i) What is the amount of depreciation for the sixth year of use? (ii) What is the book value of the asset at the end of the seventh year? A) (i) $5,047, (ii) $9,012 B) (i) $4,808, (ii)$4,500 C) (i) $2,955, (ii)$2,659 D) Answers A, B and C are not correct