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A machine with a cost of $62,903.00 has an estimated residual value of $5,633.00 and an estimated life of 5 years or 19,873 hours. It

A machine with a cost of $62,903.00 has an estimated residual value of $5,633.00 and an estimated life of 5 years or 19,873 hours. It is to be depreciated by the units-of-production method. What is the amount of depreciation for the second full year, during which the machine was used 3,673 hours?

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