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A machine with a cost of $55,000 has an estimated residual value of $4,085 and an estimated life of 5 years or 19,287 hours. What
A machine with a cost of $55,000 has an estimated residual value of $4,085 and an estimated life of 5 years or 19,287 hours. What is the amount of depreciation for the second full year, using the double-declining-balance method?
a.$11,000
b.$13,200
c.$20,366
d.$22,000
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