A Depreciable Asset That Cost $100,000 Had an Estimated Useful

Multiple Choice

A depreciable asset that cost $100,000 had an estimated useful life of 5 years and estimated residual value of $10,000. What is the first year for which depreciation would be greater under the straight-line method than under the declining-balance method with an acceleration rate of 200%?

A) The first year.
B) The second year.
C) The fourth year.
D) The third year.