Use the Following Information for Questions

Multiple Choice

Use the following information for questions.
On January 1, 2017, Flowers Unlimited purchased a new delivery van. The van cost $35,000 with an estimated life of 5 years and $5,000 residual value. Double diminishing-balance depreciation will be used.
-What is the depreciation expense for calendar 2017?

A) $ 3,000
B) $ 6,000
C) $12,000
D) $14,000