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On January 1, 2027, Yr4Ec Company purchased a piece of machinery for $265,000. The machine had an estimated useful life of seven years and a

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On January 1, 2027, Yr4Ec Company purchased a piece of machinery for $265,000. The machine had an estimated useful life of seven years and a salvage value of $8,100. Assume the sum-of-the-years-digits' method will be used to depreciate the machine. Calculate the book value of the machine at December 31, 2030

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