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A company bought a new machine for $17,000 on January 1. The machine is expected to last 4 years and has a residual value of

A company bought a new machine for $17,000 on January 1. The machine is
expected to last 4 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:

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