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A machine with a cost of $56,900 has an estimated residual value of $4,427 and an estimated life of 5 years or 19,688 hours.

A machine with a cost of $56,900 has an estimated residual value of $4,427 and an estimated life of 5 years or 19,688 hours. What is the amount of depreciation for the second full year, using the double-declining-balance method? Oa. $11,380.00 Ob. $22,760.00 Oc. $13,656.00 Od. $20,989.20

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