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A machine with a cost of $68,400 has an estimated residual value of $4,577 and an estimated life of 5 years or 16,638 hours. What

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A machine with a cost of $68,400 has an estimated residual value of $4,577 and an estimated life of 5 years or 16,638 hours. What is the amount of depreciation for the second full year, using the double-declining-balance method? a. 527,360 b. 525,529 c. 513,680 d. 516,416

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