Stephen King Industries, a book publisher, acquired several printing presses in $2020,$ for $$1\mathrm{.}2$ million in cash. SKI chose to use double$-$declining balance $($DDB$)$ depreciation for

the presses and estimated a useful life of $10$ years for them, and a salvage value of $$100,000$ at the end of the $10$ year life. SKI recorded the following amounts of depreciation

expense under the DDB method:

On $1/1/2024,$ SKI management chooses to change their depreciation method to straight$-$line depreciation, and due to the emergence of self$-$publishing and electronic publishing,

has determined that the remaining life of the presses is $4$ years and the salvage value should only be $$20,000.$

Find the book value of the printing presses at the end of $2024.$