I calculate 23,750 as you see in blue. In detail, calculate and explain the answer.

A machine is purchased on January 1, 2021, for $110,000. It is expected to have a useful life of eight years and a residual value of $15,000. The company closes its books on December 31 Under the double-declining balance method, what is the total amount of depreclation to be expensed during the 2022 ? Multiple Choice cost - Salvage valve $20,625useful2Life582.500$27500110,00015,000=95,00082