THC Tech purchased a depreciable asset on October 1, Year 1 at a cost of $100.000 THC Tech" - #8910182 The asset is expected to have a residual value of $15.000 at the end of its five-year useful life, ii &ff, BE If the asset is depreciated on the double-declining balance method, the asset's carrying amount on December 31, Year 3 will be ETE (12318) B92 $27,540 $21,600 $32.400 $18.360 $90,000