On January 1, 2018, Bold Company Acquired Equipment for $120,000

On January 1, 2018, Bold Company acquired equipment for $120,000. The estimated life of the equipment is 5 years or 20,000 hours. The estimated salvage value is $20,000.
What is the amount of depreciation expense for 2020, if the company uses the double-declining-balance method of depreciation?

A) $25,920
B) $17,280
C) $14,400
D) $28,800