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Duncan Company purchased a machine that cost $60,441, has an estimated residual value of $2,037, and has an estimated useful life of5 years. Usingthe double

Duncan Company purchased a machine that cost $60,441, has an estimated residual value of $2,037, and has an estimated useful life of5 years.

Usingthe double declining balance method, what is thedepreciation expensefor year 2? What is the book value?

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