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A company bought a new machine for $18,000 on January 1. The machine is expected to last eight years and to have a residual value

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A company bought a new machine for $18,000 on January 1. The machine is expected to last eight years and to have a residual value of $3,000. If the company uses the double-diminishing-balance method, what is the accumulated depreciation at the end of year two? (Round your answer to the nearest whole dollar.) .... O A. $7,875 OB. $6,563 OC. $11,520 OD. $7,500 Time Remaining: 00:34:24 Type here to search Next O Bi F 11C Partly sunny ENG IN 11:58 AM 11/1/2021

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