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Machinery was purchased on January 1 for $76,440.00. The machinery has an estimated life of seven years and an estimated salvage value of $9,000. Double-declining-

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Machinery was purchased on January 1 for $76,440.00. The machinery has an estimated life of seven years and an estimated salvage value of $9,000. Double-declining- balance depreciation for the second year would be (round calculations to the nearest dollar) Ob.$14,400 Oe. $15,600 Od. $15,100 0

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