On January 1, 2010, Chester Company Acquired Machinery at a Cost

On January 1, 2010, Chester Company acquired machinery at a cost of $60, 000.This machinery was being depreciated by the double-declining-balance method over an estimated life of five years with no salvage value.At the beginning of 2012, Chester changed to and could justify straight-line depreciation.Chester's tax rate is 30 percent.The depreciation expense to be included in 2012 net income was

A) $ 7, 200
B) $12, 000
C) $14, 400
D) $36, 000

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