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A machine with a cost of $55,300 has an estimated residual value of $4,402 and an estimated life of 5 years or 18,463 hours. What

A machine with a cost of $55,300 has an estimated residual value of $4,402 and an estimated life of 5 years or 18,463 hours. What is the amount of depreciation for the second full year, using the double- declining-balance method? a. $11,060 Ob. $20,359 c. $13,272 Od. $22,120

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