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A machine with a cost of $66,200 has an estimated residual value of $3,122 and an estimated life of 5 years or 16,775 hours.

A machine with a cost of $66,200 has an estimated residual value of $3,122 and an estimated life of 5 years or 16,775 hours. What is the amount of depreciation for the second full year, using the double-declining-balance method? Oa. $13,240.00 Ob. $25,231.20 Oc. $15,888.00 C Od. $26,480.00

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