Question: What would be the depreciation expense using double declining balance to compute the expense for year 2 of a machine costing $30,000, when residual value

What would be the depreciation expense using double declining balance to compute the expense for year 2 of a machine costing $30,000, when residual value is $2,000, and useful life is 3 years? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.) O $4.444 O $72.000 O $6,667 $2,000

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