On October 1,2022 , Wildhorse Co. places a new asset into service. The cost of the asset is $170000 with an estimated 5-year life and $30000 salvage value at the end of its useful life. What is the book value of the plant asset on the December 31,2022 balance sheet assuming that Wildhorse Co. uses the double-declining-balance method of depreciation? $153000$161500$140000$123000