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A machine with a cost of $65,900 has an estimated residual value of $4,339 and an estimated life of 5 years or 18,927 hours. What
A machine with a cost of $65,900 has an estimated residual value of $4,339 and an estimated life of 5 years or 18,927 hours. What is the amount of depreciation for the second full year, using the double-declining-balance method?
a.$26,360
b.$24,624
c.$15,816
d.$13,180
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