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TDWH Company purchases a machine at the beginning of the year at a cost of $135,000. The machine is depreciated using the double-declining- balance

TDWH Company purchases a machine at the beginning of the year at a cost of $135,000. The machine is depreciated using the double-declining- balance method. The machine's useful life is estimated to be 4 years with a $11,250 salvage value. The machine's book value at the end of year 3 is: Multiple Choice $16.875. $67.500. $101,250 $118.125 $15,469.

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