Mohr Company purchases a machine at the beginning of the year at a cost of $30,000. The machine is depreciated using the double-declining-balance method. The machines useful life is estimated to be 8 years with a $5,000 salvage value. Depreciation expense in year 2 is:

• $3,750.

• $7,500.

• $5,625.

• $6,250.

• $22,500.