Question: A machine that cost ( $ 320,000 ) has an estimated residual value of ( $ 32,000 ) and an estimated useful life of four

$A machine that cost \$ \\$ 320,000 \$ has an estimated$

A machine that cost \$ \\$ 320,000 \$ has an estimated residual value of \$ \\$ 32,000 \$ and an estimated useful life of four years. The company uses double-declining-balance depreciation. Required: Calculate its book value at the end of year 3. (Do not round intermediate calculations.)

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