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A machine with a cost of $85,000 has an estimated residual value of $5,000 and an estimated life of 4 years or 18,000 hours. What

A machine with a cost of $85,000 has an estimated residual value of $5,000 and an estimated life of 4 years or 18,000 hours. What is the amount of depreciation for the second full year, using the double-declining-balance method? $42,500 $21,250 $32,500

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