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U.S. Steel Company purchased equipment for $200,000 on January 1, 2014 The estimated useful life is 8 years and the residual at the end of

U.S. Steel Company purchased equipment for $200,000 on January 1, 2014 The estimated useful life is 8 years and the residual at the end of the eight years is $20,000. U.S. Stell uses the double-declining balance depreciation method. What will be the carrying value (book value) at December 31, 2017?

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