Shaw Company Purchased Equipment for $180,000 on January 1, 2008

Shaw Company purchased equipment for $180,000 on January 1, 2008, and will use the double-declining-balance method of depreciation.It is estimated that the equipment will have a 3-year life and an $8,000 salvage value at the end of its useful life.The amount of depreciation expense recognized in the year 2006 will be

A) $20,000.
B) $12,000.
C) $21,776.
D) $13,776.