Creep Ltd Purchased a Machine for $100 000 on 1

Multiple Choice

Creep Ltd purchased a machine for $100 000 on 1 January 2016.It has an estimated useful life of five years.Creep Ltd's financial period ends on 31 December.The machine was depreciated using the reducing balance method at 60 per cent.
-What was the depreciation expense for year ended 31 December 2017?

A) $60 000
B) $24 000
C) $9600
D) $40 000