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ZZ, Inc. purchased a new machine on January 1, 2022 for $134,000. The machine was estimated to have an 8 -year life and a residual

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ZZ, Inc. purchased a new machine on January 1, 2022 for $134,000. The machine was estimated to have an 8 -year life and a residual value of $6,200. The machine will be depreciated using the sum-of-the-years'-digits method. Calculate the machine's book value at December 31, 2024

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