Mohr Company purchases a machine at the beginning of the year at a cost of $$30,000.$ The machine is depreciated using the straight$-$line method. The machine$$s useful life is estimated to be $8$ years with a $$4,000$ salvage value. The book value of the machine at the end of year $2$ is:

Multiple Choice

$$23,500.$

$$26,000.$

$$6,500.$

$$19,500.$

$$3,250.$