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Question 20 (3 points) A machine with a cost of $110,000 has an estimated residual value of $5,000 and an estimated life of 5

Question 20 (3 points) A machine with a cost of $110,000 has an estimated residual value of $5,000 and an estimated life of 5 years or 24,000 hours. What is the amount of depreciation for the second full year, using the double-declining-balance method? Your Answer: Answer

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