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A machine with a cost of $69,200 has an estimated residual value of $3,283 and an estimated life of 5 years or 16,724 hours.

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A machine with a cost of $69,200 has an estimated residual value of $3,283 and an estimated life of 5 years or 16,724 hours. What is the amount of depreciation for the second full year, using the double-declining-balance method? O $16,608.00 O b. $13,840.00 Oc. $27,680.00 Od. $26,366.80

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