Question: Please answer ASAP A company purchased a computer system at a cost of $29,000. The estimated sorvice life is 6 years, and the estimated residual

Please answer ASAP

A company purchased a computer system at a cost of $29,000. The estimated sorvice life is 6 years, and the estimated residual value is $2,000. Assuming the company uses the double-declining-balance method, what is the depreciation expense for the second year? (Do not round your intermediate calculations. Round your answer to the nearest whole dollar amount.) Multiple Choice $5.694 $8,694 57944 $6.444

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