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Determine amount of depreciation for the second full year

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Problem 1: A machine with a cost of $51,900 has an estimated residual value of $3,377 and an estimated life of 5 years or 19,608 hours. What is the amount of depreciation for the second full year, using the double-declining-balance method?

Option a. $19,409

Option b. $10,380

Option c. $12,456

Option d. $20,760

Reference no: EM132476484

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