A company bought a new machine for \(\$ 17,000\) on January 1. The machine is expected to last four years and to have a residual value of \(\$ 2,000\). If the company uses the double-diminishing-balance method, what is the accumulated depreciation at the end of year 2 ?

a. \(\$ 10,880\)

b. \(\$ 11,250\)

c. \(\$ 12,750\)

d. \(\$ 15,000\)