Makenna Company bought a machine on January 1, 2022. The machine cost $180,000 and had an expected salvage value of $10,000. The life of the machine was estimated to be 5 years. The depreciation expense using the double-declining balance method of depreciation for the third year is a. $25,920. b. $26,880. c. $34,000. d. $43,200. e. $44,800. Bonds with a face value of $500,000 and a quoted price of 971/4 have a selling price of a. $486,250. b. $485,125. c. $485,013. d. $487,500