On January 4, 2017, Whiskey Business Inc. purchased machinery for $275,000. The machine's useful life was estimated at six years or a total of 250,000 units with a residual value of $46,000. Required: Calculate the depreciation under the Double Declining Balance method for December 31, 2017 using the formula: 2/ Estimated Useful Life x Book Value Note: Round the rate to two decimal places before multiplying against the Book Value