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A machine with a cost of $64,900 has an estimated residual value of $4,163 and an estimated life of 5 years or 15,537 hours. What

A machine with a cost of $64,900 has an estimated residual value of $4,163 and an estimated life of 5 years or 15,537 hours. What is the amount of depreciation for the second full year, using the double-declining balance method? a $15,576 b. $12,980 c. $24,295 d. $25,960

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