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

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A company bought a new machine for $22,000 on January 1. The machine is expected to last five 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 O A. $12,800. OB. $17,600. O C. $16,000 D. $14,080

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