Mohr Company purchases a machine at the beginning of the year at a cost of $40,000. The machine is depreciated using the double-declining-balance method. The machine’s useful life is estimated to be 8...

Mohr Company purchases a machine at the beginning of the year at a cost of $40,000. The machine is depreciated using the double-declining-balance method. The machine’s useful life is estimated to be 8 years with a $6,000 salvage value. Depreciation expense in year 2 is: