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help please :) ABC Company purchased a machine on January 1, 2021, for $57,600 cash. The machine has an estimated useful life of 8 years
help please :) 
ABC Company purchased a machine on January 1, 2021, for $57,600 cash. The machine has an estimated useful life of 8 years and a salvage value of $15,040. ABC uses the double declining-balance method of depreciation for all its assets. What will be the machine's carrying amount as of December 31, 2022? A $10,800 B $32,400 C $43,200 D $14,408 Step by Step Solution
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