Bet'r Bilt Toys just purchased some machinery at a cost of 230,000.Which of the following will correctly give you the book value of this equipment at the end of year 2 if the 20% reducing balance method of depreciation is used? I)52% of the asset cost II)64% of the asset cost III)68% of 80% of the asset cost IV)the asset cost,minus 20% of the asset cost,minus 32% of 80% of the asset cost A)II only. B)III and IV only. C)I and III only. D)II and IV only. E)I,II,III,and IV.