Beckman Enterprises purchased a depreciable asset on October 1, Year 1 at a cost of $156,000. The asset is expected to have a salvage value of $16,400 at the end of its five-year useful life. If the asset is depreciated on the double-declining-balance method, the assets book value on December 31, Year 2 will be:Multiple Choice$33,696$84,240$140,400$30,456$45,684