Bonita Company purchased equipment for $927000 on January 1, 2020, and will use the double-declining balance method of depreciation. It is estimated that the equipment will have a 3-year life and a $40000 salvage value at the end of its useful life. The amount of depreciation expense recognized in the year 2022 will be A. $103000. B. $63000. C. $71880. D. $111880.