Matile Co. purchased machinery that was installed and ready for use on January 3, 2012, at a total cost of $115,000. Salvage value was estimated at $15,000. The machinery will be depreciated over five years using the double-declining balance method. For the year 2013, Matile should record depreciation expense on this machinery of a. $24,000. b. $46,000. c. $27,600. d. $30,000. please show your work I'm trying to see if I am working the problem out right