Bullitt Foods purchased a truck from a company going out of business for $42,000. An appraisal indicated the fair value of the truck to be $45,000. Bullitt Foods estimated the truck would provide future benefits for 3 years and would bring an $8,800 residual value at the end of the 3-year period.  How much is the depreciation expense for the second year of life if Bullitt Foods uses the double-declining-balance method? SHOW THE CALCULATION USED TO GET THE ANSWER  A. $ 6,933 B. $27,997 C. $ 9,334 D. $13,733

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