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Schager Company purchased a computer system at a cost of $32,000. The estimated useful life is 5 years, and the estimated residual value is $2,000.

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Schager Company purchased a computer system at a cost of $32,000. The estimated useful life is 5 years, and the estimated residual value is $2,000. Assuming the company will use the double-declining-balance method, what is the depreciation expense for the second year? (Do not round your intermediate calculations. Round your answer to the nearest whole dollar amount.) $9, 930 $7, 680 $9, 180 $12, 800

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