What Would Be the Depreciation Expense Using Double Declining-Balance to Compute

Multiple Choice

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.)

A) $4,444
B) $72,000
C) $6,667
D) $2,000