Martin Company purchases a machine at the beginning of the year at a cost of $120,000. The machine is depreciated using the double-declining-balance method. The machines useful life is estimated to be 4 years with a $10,000 salvage value. The machines book value at the end of year 3 is:

Multiple Choice

• $15,000.

• $90,000.

• $60,000.

• $105,000.

• $13,7