Honeywall Corporation purchased a new machine costing $27,000 on January 1, 2019. The machine is expected to have a $2,000 salvage value at the end of its useful life of five years. What is the depreciation expense that Honeywall Corporation records for 2019 using the double-declining balance method?

Group of answer choices

$5,000 $10,800 $10,000 $5,400