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Machinery was purchased on January 1 for $95,060. The machinery has an estimated life of seven years and an estimated salvage value of $9,000. Double-declining-balance

Machinery was purchased on January 1 for $95,060. 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 (rounded to the nearest dollar) would be: Oa. $18,900 Ob. $18,400 Oc. $19,400 Od. $20,400image text in transcribed

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