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Determine what amount of depreciation for second full year

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Reference no: EM133010675

Problem 1: A machine with a cost of $80,000 has an estimated residual value of $9,000 and an estimated life of 4 years or 20,000 hours. What is the amount of depreciation for the second full year, using the double-declining-balance method?

Reference no: EM133010675

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