Use the Following Information for Questions 43-44

Multiple Choice

Use the following information for questions 43-44.
Jeremiah Co. purchased a machine on January 1, 2017 for $22,500. The machine had an estimated useful life of 10 years and an estimated residual value of $2,500. The company uses double-declining-balance depreciation.
-What will be the depreciation expense for 2017?

A) $4,500
B) $3,500
C) $2,250
D) $2,000