Question 3 of 30 - 10.4 View Policies Current Attempt in Progress Concord Corporation purchased a depreciable asset for $387000. The estimated salvage value is $25000, and the estimated useful life is 8 years. The double-declining balance method will be used for depreciation. What is the depreciation expense for the second year on this asset? O $72563 O $45250 O $96750 O $68625 Save for Later