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A machine is purchased on January 1, 2016, for $102,000. It is expected to have a useful life of eight years and a residual value

A machine is purchased on January 1, 2016, for $102,000. It is expected to have a useful life of eight years and a residual value of $11,000. The company closes its books on December 31. Under the double-declining balance method, what is the total amount of depreciation to be expensed during the 2017?

$76,500

$19,125

$25,500

$33,000

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