Question: Calculate the second year of depreciation using double-declining balance method (round to nearest dollar) Cost of machine $260,000 Estimated useful life 10 years Estimated salvage

Calculate the second year of depreciation using double-declining balance method

(round to nearest dollar)

Cost of machine

$260,000

Estimated useful life

10 years

Estimated salvage value

$20,000

Productive life in hours

50,000 hours

A) $23,400

B) $38,400

C) $41,600

D) $52,000

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