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On January 1, a machine with a useful life of five years and a residual value of $30000 was purchased for $90000. What is the

On January 1, a machine with a useful life of five years and a residual value of $30000 was purchased for $90000. What is the depreciation expense for year 2 under the double-declining-balance method of depreciation?

$28800

$36000

$21600

$11520

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