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Question(s) / Instruction(s):

A machine with a cost of $58,577.00 has an estimated residual value of $3,846.00 and an estimated life of 3 years or 19,438 hours. What is the amount of depreciation for the second full year, using the double declining-balance method?

a)            $13,017.11          

b)            $39,051.33          

c)            $19,525.67          

d)            $36,487.33

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