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A machine with a cost of $69,921.00 has an estimated residual value of $4,298.00 and an estimated life of 5 years or 17,554 hours.

A machine with a cost of $69,921.00 has an estimated residual value of $4,298.00 and an estimated life of 5 years or 17,554 hours. What is the amount of depreciation for the second full year, using the double declining-balance method ?

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