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QUESTION 12 Orange Company bought a machine on January 1, 2016. The machine cost $288,000 and had an expected salvage value of $48,000. The life

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QUESTION 12 Orange Company bought a machine on January 1, 2016. The machine cost $288,000 and had an expected salvage value of $48,000. The life of the machine was estimated to be 5 years Using straight line depreciation, the book value of the machine at the beginning of the third year would be A$ 96,000 OB $144,000 C.$192,000 D. $240,000

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