Raja Components purchased a depreciable asset on October 1, Year 1 at a cost of $172,000. The asset is expected to have a salvage value of $16.800 at the end of its five year useful life If the asset is depreciated on the double-declining balance method, the asset's book value on December 31, Year 2 will be Murple Choice $33,912 $154.800 O $92.880 537352 O S5085