Answer:
$4800
Step-by-step explanation:
Double declining deprecation method is when the deprecation expense of an asset is accelerated by 2. Depreciation is a method of expensing the cost of an asset.
In calculating depreciation expense using the double declining method , salvage value isn't used.
The formula:
2/ number of years ×(net book value)
2/5 × ($12,000) = $4800