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Computer equipment was acquired at the beginning of the year at a cost of $55,069 that has an estimated residual value of $3.482 and an

Computer equipment was acquired at the beginning of the year at a cost of $55,069 that has an estimated residual value of $3.482 and an estimated useful life of 4 years. Determine the second-year depreciation using the straight-line method. a. $14,637.75 b. $12,896.75 c. $13,767.25 d. $25,793.50

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