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Accounting

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4. M9-6 Computing Book Value (Double-Declining-Balance Depreciation) [LO 9-3] A machine that cost $160,000 has an estimated residual value of $16,000 and an estimated usoful ift of four years. The company uses double-declining-balance depreciation. Calculate its book value at the end of year 3. (Do not round intermediate calculations.) Book Value

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