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A machine with a cost of $58,600 has an estimated residual value of $4,687 and an estimated life of 5 years or 16,522 hours.

A machine with a cost of $58,600 has an estimated residual value of $4,687 and an estimated life of 5 years or 16,522 hours. What is the amount of depreciation for the second full year, using the double-declining-balance method? Ca. $23,440,00 Ob. $21,565.20 c. $11,720 00 d. $14,064.00

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