A machine with a cost of $75,000 has an estimated residual value of $5000 and an estimated life before his years or 18,000 hours. What is the amount of depreciation for the second full year, using the double declining balance method?

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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A machine with a cost of $75,000 has an estimated residual value of $5000 and an estimated life before his years or 18,000 hours. What is the amount of depreciation for the second full year, using the double declining balance method?
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