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A machine with a cost of $56,100.00 has an estimated residual value of $3,019.00 and an estimated life of 5 years or 16,649 hours. What

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A machine with a cost of $56,100.00 has an estimated residual value of $3,019.00 and an estimated life of 5 years or 16,649 hours. What is the amount of depreciation for the second full year, using the double declining-balance method? Select the correct answer. $22,440.00 $13,464.00 $21,232.40 $11,220.00

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