the last option is 17280

Lundholm Company purchased a machine for $108,000 on January 1, 2016. Lundholm depreciates machines of this type by the straight-line method over a 10-year period using no salvage value. Due to a change in sales patterns, on January 1, 2018, management determines the useful life of the machine to be a total of five years. What amount should Lundholm record for depreciation expense for 2018? The tax rate is 40%. (Do not round your intermediate calculation.) Multiple choice 1 0 $21,600. 0 $28,800. 0 $19,440. C 017280