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Kasson Company purchased a machine on January 1, 2024 costing $150,000. The machine had a 10-year life and a $2,000 salvage value. Kasson Company uses 

Kasson Company purchased a machine on January 1, 2024 costing $150,000. The machine had a 10-year life and a $2,000 salvage value. Kasson Company uses the double-declining balance method to depreciate its assets. Calculate the amount of accumulated depreciation relating to the machine that would appear on the December 31, 2028 balance sheet.

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