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Computer equipment was acquired at the beginning of the year at a cost of $51,519 that has an estimated residual value of $3,950 and an

Computer equipment was acquired at the beginning of the year at a cost of $51,519 that has an estimated residual value of $3,950 and an estimated useful life of 7 years. Determine the second-year depreciation using the straight-line method.

a.$7,924.14

b.$6,795.57

c.$7,359.86

d.$13,591.14

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