This que points) possible Lavery Company purchased a machine that was installed and placed in service on July 1 Year 1 at a cost of $240,000. Salvage value was estimated at $40,000. The machine is being depreciated over 10 years by the double declining balance method. For the year ended December 31. Year 2. what amount should Lavery report as depreciation expense? O A. $48,000 O B. $38,400 O C. $32,000 OD. 543,200