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Question Content Area A machine with a cost of $61,300 has an estimated residual value of $4,829 and an estimated life of 5 years or

Question Content Area A machine with a cost of $61,300 has an estimated residual value of $4,829 and an estimated life of 5 years or 17,373 hours. What is the amount of depreciation for the second full year, using the double-declining-balance method?

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