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A machine with a cost of $160,000 has an estimated residual value of $16,000 and an estimated life of 4 years or 16,000 hours. It

A machine with a cost of $160,000 has an estimated residual value of $16,000 and an estimated life of 4 years or 16,000 hours. It is to be depreciated by the units-of-output method. What is the amount of depreciation for the second full year, during which the machine was used 6,700 hours?

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