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Wildcat, Inc. purchases a machine on January 1, 2016 at a cost of $555,000.  The machine will...

Wildcat, Inc. purchases a machine on January 1, 2016 at a cost of $555,000.  The machine will be depreciated over a 8-year useful life by using the double-declining balance method.  The managers estimate that the machine will have a salvage value of $50,00 at the end of its useful life.  What is the machine's carrying amount at December 31, 2018?

a.

$416,250
b.

$312,188
c.

$234,141
d.

$175,605
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