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A machine with a cost of $66,764.00 has an estimated residual value of $4,452.00 and an estimated life of 7 years or 18,869 hours. It
A machine with a cost of $66,764.00 has an estimated residual value of $4,452.00 and an estimated life of 7 years or 18,869 hours. It is to be depreciated by the units-of-production method. What is the amount of depreciation for the second full year, during which the machine was used 4,726 hours?
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