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9 0.66 points Kansas Enterprises purchased equipment for $78,500 on January 1, 2021. The equipment is expected to have a ten-year service life, with a

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9 0.66 points Kansas Enterprises purchased equipment for $78,500 on January 1, 2021. The equipment is expected to have a ten-year service life, with a residual value of $7,650 at the end of ten years. Using the double-declining balance method, depreciation expense for 2022 would be: (Do not round your intermediate calculations) Multiple Choice $12.560, $11.336. $15.700 9 0.66 points Multiple Choice O O $12,560. $11,336 $15,700. $14,170 Help Seve & Exit

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