Moped, Inc

Moped, Inc.purchased machinery at a cost of $44,000 on January 1, 2020.The expected useful life is 5 years and the asset is expected to have salvage value of $4,000.Moped depreciates its assets using the double-declining balance method. What is the accumulated depreciation for this asset on December 31, 2021?

A) $8,800
B) $10,560
C) $17,600
D) $28,160