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A machine with a cost of $54,500 has an estimated residual value of $3,174 and an estimated life of 5 years or 15,918 hours. What
A machine with a cost of $54,500 has an estimated residual value of $3,174 and an estimated life of 5 years or 15,918 hours. What is the amount of depreciation for the second full year, using the double-declining-balance method?
a. $13,080.00
b. $20,530.40
c. $21,800.00
d. $10,900.00
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Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
23rd Edition
978-0324662962
