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M9-5 Computing Book Value (Units-of-Production Depreciation) [LO 9-3] A machine that cost $289,000 has an estimated residual value of $17,000 and an estimated useful life

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M9-5 Computing Book Value (Units-of-Production Depreciation) [LO 9-3] A machine that cost $289,000 has an estimated residual value of $17,000 and an estimated useful life of 17,000 machine hours. The company uses units-of-production depreciation and ran the machine 3,000 Calculate its book value at the end of year 3. (Do not round intermediate calculations.) Book Value

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