2. Beckman Enterprises purchased a depreciable asset on October 1, Year 1 at a cost of $164,000. The asset is expected to have a salvage value of $16,600 at the end of its five- year useful life. If the asset is depreciated on the double-declining balance method, the asset's book value on December 31, Year 2 will be: #. The interest accrued on $6,400 at 5% for 45 days is: (Use 360 days a year.) B7