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A company bought a new machine for $17,000 on January 1 . The machine is expected to last ten years and has a residual value

A company bought a new machine for $17,000 on January 1 . The machine is expected to last ten years and has a residual value of $2,000. If the company uses the double-declining-balance method, accumulated depreciation at the end of year 2 will be A. $6,800. B. $6,000. C. $6,120. D. $5,400

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