estion 12 On January 1, 2019, Hamad Town Co. purchased a machine for $240,000. It is estimated that the machine will have a 10-year useful life or 100,000 units over its useful life. Salvage value at the end its useful life is estimated to be $20,000. Depreciation expense for the year ended December 31, 2019, using the double-declining-balance method of depreciation should be: OA. $48,000 OB. $22,000 Oc. $96,000 OD. $26,400 estion 12 On January 1, 2019, Hamad Town Co. purchased a machine for $240,000. It is estimated that the machine will have a 10-year useful life or 100,000 units over its useful life. Salvage value at the end its useful life is estimated to be $20,000. Depreciation expense for the year ended December 31, 2019, using the double-declining-balance method of depreciation should be: OA. $48,000 OB. $22,000 Oc. $96,000 OD. $26,400