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A company bought a new machine for $22,000 on January 1. The machine is expected to last four years and to have a residual value

A company bought a new machine for $22,000 on January 1. The machine is expected to last four years and to have 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 OA. $20,000 O B. $16,500. C. $15,000 OD. $22,000

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