A company purchased a computer system at a cost of $29,000. The estimated service life is 5 years, and the estimated residual value is $5,000 Assuming the company uses the double-declining-balance method, what is the depreciation expense for the second year? (Do not round your intermediate calculations. Round your answer to the nearest whole dollar amount) Multiple Choice $8,460 $6,960 $6,210 $9,210