M View Policies Current Attempt in Progress Crane Ltd. purchased machinery on January 1, 2023, for $84,800. The machinery is estimated to have a residual value of $4,680 after a useful life of eight years. (a) Calculate the 2023 depreciation expense using the double-declining-balance method. Depreciation expense Type here to search- eTextbook and Media Save for Later Hi DELL Attempts: 0 of 2 used Submit Answer 401 PM 1C Sunny 040 3/