Machinery Was Purchased on January 1 for $51,000

Multiple Choice

Machinery was purchased on January 1 for $51,000.The machinery has an estimated life of 7 years and an estimated salvage value of $9,000.Double-declining-balance depreciation for the second year would be round calculations to the nearest dollar:

A) $6,000
B) $10,500
C) $10,929
D) $10,408