Business, 15.11.2019 06:31 kalbaugh

On january 1, a machine with a useful life of five years and a residual value of $15,000 was purchased for $45,000. what is the depreciation expense for year 2 under the double-declining-balance method of depreciation?
a. $10,800
b. $18,000
c. $14,400
d. $8,640

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