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What the machine book value at the end of year

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Question - Martin Company purchases a machine at the beginning of the year at a cost of $110,000. The machine is depreciated using the double-declining-balance method. The machine's useful life is estimated to be 4 years with a $9,100 salvage value. What the machine's book value at the end of year?

a. $55,000.

b. $96,250.

c. $13,750.

d. $82,500.

e. $12,588.

Reference no: EM133122553

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