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A machine with a cost of $57,300 has an estimated residual value of $3,956 and an estimated life of 5 years or 20,000 hours.

A machine with a cost of $57,300 has an estimated residual value of $3,956 and an estimated life of 5 years or 20,000 hours. What is the amount of depreciation for the second full year, using the double-declining-balance method?

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