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Computing Partial Period, Double-Declining-Balance Depreciation Silhouette Company purchased a machine that was installed...

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Accounting

Computing Partial Period, Double-Declining-Balance Depreciation
Silhouette Company purchased a machine that was installed and placed in service on November 1 of the current year at a cost of $96,000, including installation
cost. Salvage value was estimated at $16,000. The machine is being depreciated over 10 years by the double-declining-balance method. For the year ended
December 31 of the next year, what amount should Silhouette report as depreciation expense?
Depreciation expense for the next year: $
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