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CHO (4/25) 20/20 16 18.Multiple-cholce(4 Points) And COCO Company purchased a machine on January 1, 2022, for $57,600 cash. The machine has an estimated useful life of 8 years and a salvage value of $15,040.COCO uses the double- declining-balance method of depreciation for all its assets. What will be the depreciation expense for 20227 A $15,600 B $14,400 C$10,640 D$7,200 next Submit 0 *