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A machine with a cost of $56,100 has an estimated residual value of $3,710 and...

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Accounting

A machine with a cost of $56,100 has an estimated residual value of $3,710 and an estimated life of 5 years or 19,563 hours. What is the amount of depreciation for the second full year, using the double-declining-balance method?

a. $11,220.00

b. $22,440.00

c. $13,464.00

d. $20,956.00

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