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Wildhorse Company purchased a depreciable asset for $ 9 6 0 0 0 on January 1 . The estimated salvage value is $ 1 5

Wildhorse Company purchased a depreciable asset for $96000 on January 1. The estimated salvage value is $15000, and the estimated useful life is 10 years. The double-declining balance method will be used for depreciation. What is the depreciation expense for the second year on this asset?
(Please round the double-declining balance rate to 2 decimal places, e.g.0.35 or 35% in your intermediate calculations.)
$9600
$12960
$16200
$15360
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