points) On January 1, Year 1 a machine was purchased for $225,000. The machine is estimated to have a $25,000 residual value and a 10 year useful life. The machine is depreciated using the double-declining balance method. Calculate the book value of the machine at the end of Year 3 after posting Year 3 depreciation. $124,400 $115,200 $165,000 $157,500 $185,000