On January 1, 2019 (Year 1), Campbell Corporation (a calendar year end corporation) purchased a piece of equipment for $6,400. The equipment has an estimated salvage value of $500 and a useful life of 4 years. Compute depreciation expense for the year ended December 31, 2022 (Year 4), assuming that Campbell Company uses the double-declining-balance method. Group of answer choices $1,600 $300 $400 $1,475