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A machine with a cost of $62,600 has an estimated residual value of $4,707 and an estimated life of 5 years or 19,545 hours.

A machine with a cost of $62,600 has an estimated residual value of $4,707 and an estimated life of 5 years or 19,545 hours. What is the amount of depreciation for the second full year, using the double- declining-balance method? Oa. $12,520.00 Ob. $25,040.00 Oc. $15,024.00 Od. $23,157.20

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