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Wildhorse Co. bought a machine on January 1, 2017. The machine cost $160000 and had an expected salvage value of $25000. The life of the

Wildhorse Co. bought a machine on January 1, 2017. The machine cost $160000 and had an expected salvage value of $25000. The life of the machine was estimated to be 6 years. The book value of the machine at the beginning of the third year would be

$135000.

$160000.

$115000.

$45000.

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