er 8 Quiz Saved Help Save & Exit Submit | Mohr Company purchases a machine at the beginning of the year at a cost of $40,000. The machine is depreciated using the double-declining-balance method. The machine's useful life is estimated to be 5 years with a $6,000 salvage value. The machine's book value at the end of year 2 is: Multiple Choice $20,400. $11,600. $16,000. $14,400. $24,000