Dugger Excavating bought a machine for $24,000 on January 1,20X3,with a useful life of 5 years and a salvage value of $4,000.At the beginning of 20X4,Dugger finds the residual value will be zero. Assuming Dugger employs double-declining-balance depreciation,what will be the depreciation expense in 20X4?
A)$5,250
B)$8,000
C)$4,160
D)$9,600
E)$5,760

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The Answer of Dugger Excavating bought a machine for $24,000 on January 1,20X3,with a useful life of 5 years and a salvage value of $4,000.At the beginning of 20X4,Dugger finds the residual value will be zero. Assuming Dugger employs double-declining-balance depreciation,what will be the depreciation expense in 20X4?
A)$5,250
B)$8,000
C)$4,160
D)$9,600
E)$5,760

Dugger Excavating Bought a Machine for $24,000 on January 1,20X3,with