UMPI Corporation purchased machinery that was installed and ready for use on January $1,2018,$ at a total cost of $$285,000.$ Salvage value was estimated at $$45,000.$ The machinery will be depreciated over five years using the doubledeclining balance method. For the year $2019($year $2),$ UMPI should record depreciation expense on this machinery of

$96,000$

$57,600$

$68,400$

$48,000$