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M9-6 Computing Book Value (Double-Declining-Balance Depreciation) [LO 9-3] A machine that cost $110,000 has an estimated residual value of $11,000 and an estimated useful life

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M9-6 Computing Book Value (Double-Declining-Balance Depreciation) [LO 9-3] A machine that cost $110,000 has an estimated residual value of $11,000 and an estimated useful life 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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