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A machine with a cost of $51,500.00 has an estimated residual value of $4,327.00 and an estimated life of 5 years or 17,092 hours. What

A machine with a cost of $51,500.00 has an estimated residual value of $4,327.00 and an estimated life of 5 years or 17,092 hours. What is the amount of depreciation for the second full year, using the double declining-balance method? Select the correct answer. $10,300.00 $20,600.00 $18,869.20 $12,360.00image text in transcribed

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