Rollins Corp purchases a truck on January 1, 2018, for $122,000. The truck is expected to have a useful life of five years and a residual value of $21,000. The company closes its books on December 31 each year. Under the double-declining balance method, what is the total amount of depreciation to be expensed for the truck during the 2019 fiscal year (year 2 of 5)? Required information Schenn's Tools and Dies Corporation buys a stamping machine for $240,000. The machine has an estimated residual value of $80,000. Shenn's Tools and Dies Corp expects the machine to produce eight million units. It makes 580,000 units during 2018