Exhibit 11-1 on January 1, 2010, Hills Purchased Equipment for $200

Exhibit 11-1 On January 1, 2010, Hills purchased equipment for $200, 000.The equipment had an estimated useful life of ten years and an estimated residual value of $40, 000.Use the double-declining-balance method to answer the following question(s) .
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Refer to Exhibit 11-1.How much depreciation should Hills record on the asset in 2010?

A) $20, 000
B) $25, 600
C) $32, 000
D) $40, 000