On January 1, 2020, THE Company purchased a new machine for $168,000. The machine was assigned a salvage value of $7,800 and an eight year life. Assume THE Company will depreciate the machine using sum-of-the-years'-digits depreciation. The book value of the machine at December 31, 2022 would be equal to: O $74,550 O $67,200 $107,925 O $93,450 O $70,875 O $101,250 O none of the above choices are correct