The Rainbow Baking Corporation purchased machinery for $180,000 on January 4, 2021. The company expects the equipment to last eight years or 500,000 pies, with an estimated residual value of $5,000 at the end of that time. During the first year of the company baked 71,000 pies and during the second year, the equipment was used to make 82,500 pies. Compute the depreciation for the second year under the double declining balance method. (do not use dollar signs, decimals, or commas in your answers) A What is the carrying value at the end of year 2? (do not use dollar signs, commas, or decimals in your answer) A