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A restaurant refrigeration unit with a cost of $100,000 has an estimated residual value of...

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Accounting

A restaurant refrigeration unit with a cost of $100,000 has an estimated residual value of $10,000 and an estimated life of 10 years or 24,000 hours. What is the amount of depreciation for the third full year, using the double-declining-balance method?

a. $11,520

b. $20,000

c. $18,000

d. $12,800

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