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Mohr Company purchases a machine at the beginning of the year at a cost of $35,000. The machine is depreciated using the double-declining-balance method. The machine's useful life is estimated to be 5 years with a $4.000 salvage value. Depreciation expense in year 2 is: Multiple Choice $7000. $12.400. $14,000. $8.400. S21.000. Mohr Company purchases a machine at the beginning of the year at a cost of $26.000. The machine is depreciated using the double-declining-balance method. The machine's useful life is estimated to be 5 years with a $5,000 salvage value. The machine's book value at the end of year 2 is: Multiple Choice O $12,600 O $8.200 O $10.400. O $9.360 O $15.600