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A machine with a cost of $59,800 has an estimated residual value of $4,931 and an estimated life of 5 years or 17,385 hours. What

A machine with a cost of $59,800 has an estimated residual value of $4,931 and an estimated life of 5 years or 17,385 hours. What is the amount of depreciation for the second full year, using the double-declining-balance method?

a.$14,352.00

b.$21,947.60

c.$23,920.00

d.$11,960.00

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