On January 1,a machine with a useful life of five years and a residual value of $4,500 is purchased for $22,500.What is the depreciation expense in year 2 using the double-declining-balance method?
A)$5,400
B)$7,200
C)$6,120
D)$13,500

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The Answer of On January 1,a machine with a useful life of five years and a residual value of $4,500 is purchased for $22,500.What is the depreciation expense in year 2 using the double-declining-balance method?
A)$5,400
B)$7,200
C)$6,120
D)$13,500

On January 1,a Machine with a Useful Life of Five