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Business, 14.04.2020 18:47 DaePoggers

A machine with a cost of $65,000 has an estimated residual value of $5,000 and an estimated life of 4 years or 18,000 hours. What is the amount of depreciation for the second year, using the double declining-balance method?
a. $16,250
b. $32,500
c. $15,000
d. $30,000

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A machine with a cost of $65,000 has an estimated residual value of $5,000 and an estimated life of...

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