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Computer equipment that was acquired at the beginning of the year at a cost of $56,474 has an estimated residual value of $2,762 and an

Computer equipment that was acquired at the beginning of the year at a cost of $56,474 has an estimated residual value of $2,762 and an estimated useful life of 4 years. Determine the second-year depreciation using the straight-line method.

$26,856.00

$13,428.00

$14,809.00

$14,118.50

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