Martinez Retailer purchases a new machine costing 50,000. Its expected useful life is five years, at which point it is anticipated that the machine will have a residual value of 8,000. If the reducing balance method of depreciation is used, applying an annual depreciation rate of 20%, what is the annual depreciation charge in Year 2?

A) 8,000 B) 10,000 c) 5,100 D) 8,400