3 Beckman Enterprises purchased a depreciable asset on October 1. Year 1 at a cost of $100,000. The asset is expected to have a salvage value of $20,000 at the end of ts 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: A. $36,000 B. $42,000 C $54,000 oX D. $16,000 E. $90,000 A mactine originally had an estimated useful life of 6 years, but after 4 complete years, it was