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Accounting

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A machine with a cost of $53,000 has an estimated residual value of $3,300 and an estimated life of 5 years or 16,510 hours. What is the amount of depreciation for the second full year, using the double-declining-balance method? a. $19,880.00 b. $12,720.00 C. $21,200.00 d. $10,600,00

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