Mohr Company purchases a machine at the beginning of the year at a cost of $38,000. The machine is depreciated using the double-declining-balance method. The machine's useful iffe is estimated to be 5 years with a $7,000 salvage value. Depreciation expense in year 2 Is: Muitiple Choice $7,600 $12400. $15.200 $9120 $22.800