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A machine with a cost of $100,000 has an estimated residual value of $12,000 and an estimated life of 8 years or 25,000 hours. What
A machine with a cost of $100,000 has an estimated residual value of $12,000 and an estimated life of 8 years or 25,000 hours. What is the amount of depreciation for the second full year, using the double-declining-balance method?
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