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A company bought a piece of equipment for $40,200 and expects to use it for...

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Accounting

A company bought a piece of equipment for $40,200 and expects to use it for eight years. The company then plans to sell it for $3,600. The company has already recorded depreciation of $34,833.95. 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.)

A. $10,200.

B.$1,766.

C. $9,150

D.$1,342

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