A company purchased equipment valued at $200,000 on January 1. The equipment has an estimated useful life of six years or 5 million units. The equipment is estimated to have a salvage value of $13,400. Assuming the double declining balance method of depreciation, what is the depreciation expense for the second year?

		$41,445.91
		$62,137.80
		$31,100.00
		$55,980.00
		$44,442.22