Question 27 2.85714 points Save Answer Texas Corporation purchases a piece of equipment on January 1 for $300,000 and the equipment has an expected useful life of ten years. Its salvage value is estimated to be $20,000. Assuming Texas uses the double-declining balance depreciation method, what would be the accumulated depreciation at the end of the second year? $100,800 5108,000 560,000 $120,000 556.000