TB MC Qu. 9-110 (Algo) A company bought a piece of equipment for... A company bought a piece of equipment for $48,200 and expects to use it for eight yoars. The company then plans to sell it for $5,100. The company has alreody recorded depreciation of $41,766.08. Using the double-declining-balance method, what is the company/s annual depreciation expense for the upcoming year? (Round your answer to the nearest whole dollar amount.) Mulipie Gnoice $ribde. 118200 51334 1097