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double-declining-balance Martin Company purchases a machine at the beginning of the year at a cost of $150,000. The machine is depreciated using the method.

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double-declining-balance Martin Company purchases a machine at the beginning of the year at a cost of $150,000. The machine is depreciated using the method. The machine's useful life is estimated to be 4 years with a $12,500 salvage value. The machine's book value at the end of year 3 is: Multiple Choice $18,750 $112,500. $75,000. $131,250 $17188

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