On January 1, Year 1, Ballard company purchased a machine for $54,000. On January 1, Year 2, the company spent $20,000 to improve its quality. The machine had a $13,200 salvage value and a 6-year life, which are unchanged. Ballard uses the straight-line method. What is the book value of the machine on December 31 Yoor 47 Multiple Choice $34 800 $20,400 o $10,800 0 $21600