The cost of an asset is $$1,200,000,$ and its residual value is

$$100,000.$ Estimated useful life of the asset is five years.

Calculate depreciation for the second year using the

double$-$declining$-$balance method of depreciation. $($Do not round any

intermediate calculations, and round your final answer to the

nearest dollar.$)$$$440,000$$$288,000$$$240,000$$$220,000$