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Computer equipment was acquired at the beginning of the year at a cost of $58,808 that has an estimated residual value of $3,552 and an

Computer equipment was acquired at the beginning of the year at a cost of $58,808 that has an estimated residual value of $3,552 and an estimated useful life of 7 years. Determine the second-year depreciation using the straight-line method.

a.$15,787.43

b.$7,893.71

c.$8,908.57

d.$8,401.14

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