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Schager Company purchased a computer system on January 1, 2019, at a cash cost of $25,800. The estimated useful life is 10 years, and the

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Schager Company purchased a computer system on January 1, 2019, at a cash cost of $25,800. The estimated useful life is 10 years, and the estimated residual value is $3,400. The company will use the double declining-balance depreciation method. How much is the 2020 depreciation expense? Multiple Choice $3,584 $5.360. $4,480 O $4128

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