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

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Martin Company purchases a machine at the beginning of the year at a cost of $150,000. The machine is deprecloted using the double-declining balance method. The machine's useful life is estimated to be 4 years with a $13,500 salvage value. The machine's book value at the end of year 3 : Multiple Choice 5112.500 S0250 $18.750 $788 575.000

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