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A machine with a cost of $69,500 has an estimated residual value of $3,853 and an estimated life of 5 years or 17,789 hours. What

A machine with a cost of $69,500 has an estimated residual value of $3,853 and an estimated life of 5 years or 17,789 hours. What is the amount of depreciation for the second full year, using the double-declining-balance method?

a. $13,900 b. $27,800 c. $26,259 d. $16,680

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