Use the Following Information to Answer Questions

Multiple Choice

Use the following information to answer questions
On January 1, 2010, Run & Go Pizza purchased a delivery truck for $50,000. The truck has a $5,000 salvage value and a four-year (or 56,250 miles) useful life. During 2010, the company put 15,750 miles on the delivery truck.
-If Run & Go uses the double-declining balance method, how much depreciation expense should Run & Go recognize in 2010?

A) $ 6,300
B) $ 7,000
C) $22,500
D) $25,000
E) none of the above