Schager Company purchased a computer system on January 1,2019,at a cash cost of $25,000.The estimated useful life is 10 years,and the estimated residual value is $3,000.The company will use the double declining-balance depreciation method. How much is the 2020 depreciation expense?
A)$5,000.
B)$4,120.
C)$4,000.
D)$3,520.

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The Answer of Schager Company purchased a computer system on January 1,2019,at a cash cost of $25,000.The estimated useful life is 10 years,and the estimated residual value is $3,000.The company will use the double declining-balance depreciation method. How much is the 2020 depreciation expense?
A)$5,000.
B)$4,120.
C)$4,000.
D)$3,520.

Schager Company Purchased a Computer System on January 1,2019,at a Cash