A machine costing $85,000 with a 5-year life and $5,000 residual value was purchased January 2, 2011. Computed depreciation for the first year, using the double declining-balance(DDB) method would be what?

Question

A machine costing $85,000 with a 5-year life and $5,000 residual value was purchased January 2, 2011.  Computed depreciation for the first year, using the double declining-balance(DDB) method would be what?