Eckman Company Purchased Equipment for $40,000 on January 1, 2009

Multiple Choice

Eckman Company purchased equipment for $40,000 on January 1, 2009, and will use the double-declining-balance method of depreciation. It is estimated that the equipment will have a 5-year life and a $2,000 salvage value at the end of its useful life. The amount of depreciation expense recognized in the year 2011 will be

A) $5,760.
B) $9,120.
C) $9,600.
D) $5,472.