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A machine with a cost of $61,500.00 has an estimated residual value of $3,523.00 and an estimated life of 5 years or 15,831 hours. What

A machine with a cost of $61,500.00 has an estimated residual value of $3,523.00 and an estimated life of 5 years or 15,831 hours. What is the amount of depreciation for the second full year, using the double declining-balance method? Select the correct answer. $23.190.80 $14.760.00 $24.600.00 $12.300.00image text in transcribed

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