Brockmeyer, Inc

Brockmeyer, Inc. purchased some equipment on January 1, 2014, for $300,000 that had a five-year useful life and no salvage value. Brockmeyer used double-declining-balance depreciation for both financial reporting and income tax purposes. On January 1, 2016, Brockmeyer changed to the straight-line depreciation method for this equipment and can justify the change. Brockmeyer will continue to use double-declining balance depreciation for income tax reporting. Brockmeyer's income tax rate is 30%. Assuming Brockmeyer's 2016 income before depreciation and tax is $800,000, Brockmeyer's net income for 2016 would be

A) $534,800
B) $570,800
C) $764,000
D) $800,000