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A machine with a cost of $55,000 has an estimated residual value of $3,411 and an estimated life of 5 years or 18,414 hours. What

A machine with a cost of $55,000 has an estimated residual value of $3,411 and an estimated life of 5 years or 18,414 hours. What is the amount of depreciation for the second full year, using the double-declining-balance method?

a.$22,000.00

b.$13,200.00

c.$11,000.00

d.$20,635.60

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