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Question Content Area A machine with a cost of $63,100 has an estimated residual...

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Accounting

Question Content Area
A machine with a cost of $63,100 has an estimated residual value of $4,063 and an estimated life of 5 years or 17,579 hours. What is the amount of depreciation for the second full year, using the double-declining-balance method?
a. $12,620.00
b. $15,144.00
c. $23,614.80
d. $25,240.00

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