Question: 6 . A company bought a new machine for $ 1 0 0 , 0 0 0 on January 1 . The machine is expected

6. A company bought a new machine for $100,000 on January 1. The machine is expected to last five years and has a residual value of $10,000. If the company uses the double declining-balance method, book value at the end of year 2 will be
A. $12,800
B. $60,000
C. $36,000
D. None of the above.

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