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Oriole Corp. purchased machinery for $146000 on June 30,2023. It is estimated that it has...

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Accounting

Oriole Corp. purchased machinery for $146000 on June 30,2023. It is estimated that it has a useful life of 8 years, a residual value of $19900, and total production of 219000 units. During 2023, this machinery produced 22800 units. The Corporation has a December 31 year end. Using the double-declining-balance method, the 2023 depreciation expense will be
$22638.
$19900.
$18250.
$19732.
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