Kingston Company Purchased a Piece of Equipment on January 1

Kingston Company purchased a piece of equipment on January 1, 2021.The equipment cost $200,000 and has an estimated life of eight years and a salvage value of $25,000.What is the depreciation expense for the asset for 2022 under the double-declining-balance method?

A) $21,667
B) $37,500
C) $50,000
D) $39,063