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A machine with a cost of $66,200.00 has an estimated residual value of $3,406.00 and an estimated life of 5 years or 15,040 hours. What

A machine with a cost of $66,200.00 has an estimated residual value of $3,406.00 and an estimated life of 5 years or 15,040 hours. What is the amount of depreciation for the second full year, using the double declining-balance method? Select the correct answer. (A) 13240 (B) 25117.60 (C) 26480 (D) 15888

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