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A machine with a cost of $65,200.00 has an estimated residual value of $3,812.00 and an estimated life of 5 years or 16,778 hours. What

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A machine with a cost of $65,200.00 has an estimated residual value of $3,812.00 and an estimated life of 5 years or 16,778 hours. What is the amount of depreciation for the second full year, using the double dedining-balance method? Select the correct answer. $26,080.00 $15,648.00 $13,040.00 $24,555.20

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