Question 6 Incorrect Mark 0.00 out of 11.11 P Flag question Computing Depreciation with a Change in Depreciation Method Whitney Company purchased equipment on January 1, 2020, for $54,000. This equipment has a useful life of 6 years and a residual value of $3,000. The company uses the double-declining depreciation method. On January 1, 2023, the company changes its depreciation method to the straight-line method. Compute depreciation expense for 2023. Note: Carry all decimals in calculations; round the final answer to the nearest dollar. Depreciation expense for 2023: $ 5,333 X Check