Question 20 Not yet answered Points out of 1.00 P Flag question The contractor purchased the tractor for $220,000 and anticipates a salvage value of $25,000 after 5 years of use. What is the annual depreciation amount in the 2nd year if the double declining-balance method of depreciation accounting is used? Select one: a. $88,000 b. $19,008 c. $52,800 d. $31,680 M McAfee Your Mcafee has Renew now to sta your... Google Chromecapta e to search