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Required: A machine that cost $105,000 has an estimated residual value of $7,000 and an estimated useful life of seven years. The company uses straight-line

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Required: A machine that cost $105,000 has an estimated residual value of $7,000 and an estimated useful life of seven years. The company uses straight-line depreciation, Calculate its book value at the end of year 6 . (Do not round intermediate calculations.)

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