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QUESTION 6 A machine with a cost of $75,000 has an estimated residual value of $5,000 and an estimated life of 4 years or 18,000

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QUESTION 6 A machine with a cost of $75,000 has an estimated residual value of $5,000 and an estimated life of 4 years or 18,000 hours. What is the amount of depreciation for the second full year, using the double declining balance method? a. $37,500 b. $17,500 O c $18,750 O d. 16,667

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