Question: Question 21 On January 1, a machine with a useful life of five years and a residual value of $31200 was purchased for $91500. What

Question 21 On January 1, a machine with a useful life of five years and a residual value of $31200 was purchased for $91500. What is the depreciation expense for year 2 under the double-declining-balance method of depreciation? $36600 $17880 $29400 $21960
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