Wordmart Inc. purchased equipment for $48,000, and estimated that the equipment will have a $4,000 residual value at the end of its 8-year useful life. Using the double diminishing-balance method, the depreciation expense for the third year would be

Question 27 options:

	$9,000.
	$6,750.
	$6,188.
	$5,500.
	None of the above.