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I need answer ASAP! A machine with a cost of $60,500 has an estimated residual value of $4,537 and an estimated life of 5 years
I need answer ASAP!
A machine with a cost of $60,500 has an estimated residual value of $4,537 and an estimated life of 5 years or 16,234 hours. What is the amount of depreciation for the second full year, using the double-declining-balance method? Oa. $24,200.00 Ob. $12,100.00 Oc. $22,385.20 Od. $14,520.00Step by Step Solution
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