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TB MC Qu. 08-174 Martin Company purchases a machine... Martin Company purchases a machine at the beginning of the year at a cost of $60.000.

TB MC Qu. 08-174 Martin Company purchases a machine... Martin Company purchases a machine at the beginning of the year at a cost of $60.000. The machine is depreciated using the straight-line method. The machine's useful life is estimated to be 4 years with a $5,000 salvage value. The book value of the machine at the end of year 4 is: Multiple Choice $13.750 $55,000 $30,000. O $5.000 SO

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