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A machine with a cost of $53,700 has an estimated residual value of $4,578 and an estimated life of 5 years or 16,049 hours. What

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A machine with a cost of $53,700 has an estimated residual value of $4,578 and an estimated life of 5 years or 16,049 hours. What is the amount of depreciation for the second full year, using the double-declining-balance methed? a. 512,888 b. $21,480 c. 510,740 d. 115,649

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