Maserati Corporation purchased a new machine for its assembly process on
August 1, 2010. The cost of this machine was $150,000. The company
estimated that the machine would have a salvage value of $24,000 at the
end of its service life. Its life is estimated at 5 years and its
working hours are estimated at 21,000 hours. Year-end is December 31.
Compute the depreciation expense under the double-declining-balance
method for 2011.