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10 A machine with a cost of $75,000 has an estimated residual value of $5,000 and an estimated life of 4 years or 18.000 hours.

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A machine with a cost of $75,000 has an estimated residual value of $5,000 and an estimated life of 4 years or 18.000 hours. What is the amount of depreciation for the second full year, using the double-declining-balance method? $37,500 $16,667 $18.750 $17,500

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