Hickman Company Purchases a Piece of Equipment on Jan

Hickman Company purchases a piece of equipment on Jan.2,2013,for $60,000.The equipment has an estimated life of eight years or 50,000 units of production and an estimated residual value of $6,000.Hickman uses a calendar fiscal year.The entry to record the amount of depreciation for 2013,using the double-declining-balance method,is:

A) Depreciation Expense- Equipment 9,000
Cash 9,000
B) Cash 10,000
Accumulated Depreciation- Equipment 10,000
C) Depreciation Expense - Equipment 11,000
Accumulated Depreciation- Equipment 11,000
D) Depreciation Expense - Equipment 15,000
Accumulated Depreciation- Equipment 15,000