The value of a machine was $400,000 when purchased new one year ago. It has an expected lifo of five years and the income statement shows the straight line depreciation rate as 20%. Total Book Value Unte $100,000 Straight line depreciation 20% Deuble declining balance Double Declining Balance Depreciation Book Value Depreciation Your Beginning of Year) 1 2 Depreciation Expense Accumulated Depreciation Book Value End of Year 4 Using double declining balance depreciation, what is the value of the machine at the end of year two? $144,000 $96.000 O $160.000 $240,000 SAVE AND CONTINUE