A firm purchases an asset for $$200,000$ and estimates that it will have a useful life of five years and a salvage value of $$10,000.$ Under the straight$-$line method, the balance in the accumulated depreciation account, after the second year, will be

Multiple Choice

$$38,000.$

$$ $$40,000$

$$ $$76,000.$

$$ $$80,000.$C